Indian policymakers are debating doing away with the mandatory rating of financial instruments in the long-term, among a set of measures aimed at strengthening the regulatory and disclosures regime for credit ratings. The expert group, set up by the High Level Coordination Committee on Financial Markets (HLCCFM), has made specific recommendations on improving and disclosing the way credit rating agencies rate financial instruments, and has sought debate on the very...

The President of International Fund for Agricultural Development stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Just days before the UN Climate Change summit at Copenhagen, Kanayo Nwanze, President of IFAD (International Fund for Agricultural Development), stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Nwanze was...

HAS GREEN REVOLUTION FAILED INDIA'S POOR? Green Revolution Vs Rain-fed Farming OVERVIEW: Of late India’s fabled Green Revolution has come under severe attack. Many development thinkers believe that it has unfairly skewed India’s agriculture policy in favour of the farmers whose land is already or potentially covered under irrigation. The basic criticism is that the Green Revolution has been largely irrelevant for India’s 60 per cent cultivable land which is un-irrigated. These...

Prime Minister Manmohan Singh pledged Sunday to spend more on health care and education and make it easier for foreign investors to participate in India’s $1.2 trillion economy, one of the fastest growing in the world. At a World Economic Forum meeting in New Delhi, Mr. Singh said that public sector spending on health care would more than double to 2.5 percent of gross domestic product, and education spending would...

KEY TRENDS   • As per the 2019 Global Hunger Index report, neighbouring countries such as China (GHI score: 6.5; GHI rank: 25), Sri Lanka (GHI score: 17.1; GHI rank: 66), Myanmar (GHI score: 19.8; GHI rank: 69), Nepal (GHI score: 20.8; GHI rank: 73), Bangladesh (GHI score: 25.8; GHI rank: 88) and Pakistan (GHI score: 28.5; GHI rank: 94) have outperformed India (GHI score: 30.3; GHI rank: 102) *13    • As per the 2018 Global Hunger Index report,...