-PTI   Terming high global commodity prices a "grave threat", Finance Minister Pranab Mukherjee has called for developing countries to increase their investments in agriculture to improve crop productivity. "The recent commodity and food price rise and their volatility constitute a grave threat to economic growth and food security in our economies," Mukherjee said at a meeting of G-24 Finance Ministers here last evening. He took over as the new chairman of the group...

-The Hindu   The State unit of the Communist Party of India (Marxist) has urged the Centre to defer the generation of power from Kudankulam Nuclear Power Project until all its safety aspects are ensured. In a statement here, CPI(M) secretary G. Ramakrishnan said that after the accident in a Japanese atomic power plant following tsunami, a fear psychosis had cropped up all over the world regarding atomic power stations. This had triggered...

-The Times of India   Speaking at a seminar organized for honouring farmers here on Saturday, Union agriculture minister Sharad Pawar announced that awards should be instituted by all states for honouring innovative work done by farmers in the country. "Rajasthan has already started honouring farmers for their innovative work. The other states should also follow it. I will write to chief ministers of other states to start honouring farmers and give away...

-PTI   Urging state governments not to 'fail the poor', Prime Minister Manmohan Singh on Wednesday said the country had still to realise the 'full potential' of the National Rural Employment Guarantee Act (NREGA) whose implementation had been 'uneven across states'. "We still have miles to go before we achieve the full potential of this unique legislation in annals of recent history. The performance of the programme, as I have mentioned, has been...

-The Hindu   India will support the removal of food export restrictions for humanitarian purposes during the annual meeting of the International Monetary Fund (IMF) and World Bank in Washington later this week. The Finance Minister, Mr Pranab Mukherjee, will attend the two-day meeting on September 23-24. According to the agenda note prepared for the meeting, India has welcomed the recommendations of the Development Working Group (DWG) of the Agriculture ministerial. One of these...