-The Hindustan Times The World Bank and International Monetary Fund just concluded their annual meetings in Washington. At an event on nutrition in South Asia, the evidence presented was clear and astonishing. On the one hand, South Asia has experienced robust economic growth averaging 6% a year over the past 20 years. On the other hand, the region continues to have unacceptably high rates of malnutrition with Bangladesh and India having...
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Jute farmers of South Kamrup facing acute crisis
-The Assam Tribune Finding the going uphill in their bid to sell their produce for good economic returns, raw jute farmers from different parts of South Kamrup area are facing acute crisis. Too poor to afford the input costs, the marginal farmers who practice the cultivation on a massive scale in thousands of bighas of land here at Jiakur 1 Bortari, Kandalpara Cimina, Futuri Goroimari Alikash under Palashbari and Chhaygaon LAC...
More »No excess mining, Goa tells court
-The Hindu The Goa government on Tuesday filed a reply before the Goa Bench of the Bombay High Court to a Public Interest Litigation petition on illegal mining, claiming that the extraction, which the petitioner questioned, was from dumps and excess mining did not take place. The affidavit was submitted on behalf of Director of Mines and Geology Arvind Loliekar in the course of the hearing on the Goa Foundation's petition, which...
More »The failure of a hopeful idea
-Live Mint The poor remain poor because they lack resources. And the formal finance sector does not want to lend them because they are too poor, costs are high and they hardly have anything to offer as collateral. That is, they are trapped in the vicious circle of poverty. This was so until the arrival of microfinance—successfully demonstrated by the Bangladesh model that the poor are “good” borrowers. It was held...
More »Despite good monsoon, farmers blame NREGA for low profits
-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...
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