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Need New Approaches to Nature Funding: World Bank

-Outlook Hyderabad: New approaches such as Public Private Partnerships(PPP) and community-based activities would go a long way in maintaining healthy ecosystems and improving livelihoods, a senior World Bank official said here today. Observing that there is not enough public money to invest in the biodiversity needs of the world, Rachel Kyte, World Bank Vice President for Sustainable Development, said new approaches are needed to finance nature conservation efforts. The World Bank has a...

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Behind Robert Vadra’s fortune, a maze of questions -Shalini Singh

-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...

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Politics aside, is Gujarat a great growth story?-Bibek Debroy

-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...

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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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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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