One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...
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Indian firms find Africa fertile ground for contract farming by Utpal Bhaskar and Shauvik Ghosh
State-owned trading firm MMTC Ltd, the Indian Farmers Fertiliser Cooperative (Iffco) and the conglomerate Bharti Enterprises plan to join the growing number of Indian entities engaged in commercial farming in Africa. Cheap land and labour costs in Africa are attracting a number of Indian firms with interest in agriculture. A large number of people in East African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetables, sugarcane,...
More »State will have health data resource centre soon by Ramya Kannan
Tamil Nadu will soon have a centralised data resource centre to collect relevant data across all health departments. The Health Management Information System (HMIS), accessible across the various departments, will be able to function as a one-stop shop for all information on health in Tamil Nadu, and as such will be able to influence policy-making in the health sector, according to S. Vijayakumar, project director, Tamil Nadu Health Systems Project (TNHSP). Once...
More »The ugly underbelly of Microfinance by Roli Srivastava, Swati Bharadwaj-Chand & Partha Sinha
SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...
More »Put on hold land acquisition for IT Park Phase-III, MHA tells Admn
In yet another embarrassment for the Chandigarh Administration, the Ministry of Home Affairs (MHA) has directed it to “put on hold the acquisition of land for IT Park, Phase-III”. In a communication sent to the Administration on Monday evening, the MHA has minced no words in directing the Administration to stop the acquisition process and take prior permission from the ministry for acquisition of proposed projects in the peripheral area...
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