Businesses and policy-makers need to recognize the tremendous economic value of ecosystems, as well as the social and economic costs of losing such natural resources as forests, freshwater, soils and coral reefs, a new United Nations report released today said. The report by the Economics of Ecosystems and Biodiversity (TEEB), a body hosted by the UN Environment Programme (UNEP), seeks to galvanize the world to recognize the economic consequences of failing...
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Give details of bribery in loan waiver scheme, banks told
THE government has directed public sector banks to provide data on corruption charges against bank officials involved in the agricultural loan waiver scheme after complaints that many of them took bribes for processing applications. The finance ministry wants to put such cases on fast track as the performance audit of the scheme has already been initiated by the comptroller and auditor general of India (CAG), the government’s statutory auditor. The...
More »Rape, torture by landlords forces Karnataka villagers to flee by Senthalir S
It's the untold tale of a village in the grip of the feudal system, and a quiet revolt brewing. Budihalli village of Karnataka's Chitradurga district is a glaring example of caste discrimination and bondage, with a yawning gap between communities. Here, landlords hold sway. They allegedly rape and torture women of lower castes while the men work as bonded labourers, paying off debts accumulated over generations. Breaking the stranglehold, 25...
More »Crop Insurance Claims Settlement Crosses Rs. 15,500 Crore Mark Benefitting Over 4 Crore Farmers
Crop insurance claims settlement has crossed Rs. 15,500 crore mark, benefitting over 4 crore farmers in the country. Crop insurance claims worth Rs. 15,521 crore have been settled as on 24.06.2010. With Rs. 3041 crore, Gujarat is on the top followed by Andhra Pradesh (Rs.2600 crore), Maharashtra (Rs. 1481 crore), Karnataka (Rs. 1406 crore) and Bihar Rs. (1236 crore). From Rabi 1999-2000 to Kharif 2009, 4.27 crore farmers have benefitted...
More »Farm suicides: a 12-year saga by P Sainath
In 2006-08, Maharashtra saw 12, 493 farm suicides. That is 85 per cent higher than the 6,745 suicides it recorded during 1997-1999. And the worst three-year period for any State, any time. The loan waiver year of 2008 saw 16,196 farm suicides in the country, according to the National Crime Records Bureau. Compared to 2007, that’s a fall of just 436. As economist Professor K. Nagaraj who has worked in-depth on...
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