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Rural prosperity no mirage; real rural wages have grown 6.8% each year in last 4 years-A Gulati and AK Jena

-The Economic Times Every concerned and right-thinking citizen of this country wants poverty to be reduced as early as possible. Governments and policymakers have given assurances, time and again, that they are making their earnest efforts in that direction. Yet, there is a big debate in the country, ranging from the very definition of poverty to the number of people below the poverty line. Some academic stalwarts have devoted almost their whole...

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FDI in retail must be measured by benefits for consumer & economy, not just for farmers

-The Economic Times The recent decision of the government to allow FDI in multi-brand retail trade has attracted heated debate and emotive reactions. Though the main consideration for allowing FDI in retail is not its benefit for farm sector, the debate has predominantly focused on threats and benefits to the country's farmers and the farm sector. Interestingly, the main stakeholders, i.e., farmers, have not reacted much to the policy decision and...

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Progress achieved in India highlights benefits of quotas for women, says UN official

-The United Nations A top United Nations official today strongly encouraged governments to adopt special temporary measures, such as quotas, to boost the number of women in parliament and decision-making positions, pointing to the progress achieved by women in India as a result of affirmative action. “Here in India, quotas have spurred one of the world’s greatest successes in women’s empowerment and grassroots democracy,” Michelle Bachelet said in her keynote address to...

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Food prices to stay high, volatility may increase: FAO

-Reuters ROME: Food prices are set to remain high and volatility in food markets could increase in coming months, a senior economist at the U.N.'s Food and Agriculture Organisation told Reuters on Thursday. "Prices are sustained. It is highly unlikely we will see a normalisation of prices anytime soon," said Abdolreza Abbassian, senior economist at FAO. "Volatility is not going to go away, if anything it may even intensify further in coming months,"...

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Land acquired over past decade could have produced food for a billion people-John Vidal

-The Guardian  Oxfam calls on World Bank to stop backing foreign investors who acquire land for biofuels that could produce food International land investors and biofuel producers have taken over land around the world that could feed nearly 1 billion people. Analysis by Oxfam of several thousand land deals completed in the last decade shows that an area eight times the size of the UK has been left idle by speculators or is...

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