Microsoft founder Bill Gates has criticised UN agencies like the International Fund for Agricultural Development (IFAD), the Food and Agriculture Organisation (FAO) and the World Food Programme (WFP) for not doing enough to fight hunger and poverty. “Countries, food agencies and donors aren’t working together in a focused and co-ordinated way to provide the help small farmers need, when they need it,” Gates told the governing council of the IFAD in...
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Seed companies reap rich harvest on Bt cotton wave by Sanjeeb Mukherjee
Bt cotton has doubled the seed industry and boosted the fortunes of seed firms. But yields still need to improve In the last 10 years, Bacillus thuringiensis (Bt) cotton and its impact on farmers has perhaps been the most talked about topic in Indian agriculture since the ‘Green Revolution’ of the 1960s and 1970s. Not only has farmers’ income from growing Bt cotton risen by almost 67 per cent in the...
More »PM panel for diesel price hike
-The Times of India Making a strong pitch for raising diesel prices, Prime Minister's Economic Advisory Council chairman C Rangarajan on Wednesday said there was a need to revise prices to reduce the huge subsidy burden and bring down the fiscal deficit. While releasing the economic review for 2011-12, Rangarajan said it was earlier agreed to deregulate diesel prices but the decision was never implemented. He advocated a phased deregulation of diesel...
More »Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta
Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...
More »Decontrol urea prices, raise excise duty: PMEAC
-PTI Amid widening fiscal deficit, Prime Minister's economic advisory panel today suggested aligning diesel prices to global market in a phased manner and also raising excise and service taxes to pre-crisis level of 12%. Releasing the Review of the Economy: 2011-12, Chairman of Prime Minister's Economic Advisory Council (PMEAC) C Rangarajan also pitched for deregulation of urea prices. Expressing concern over high fiscal deficit which is expected to overshoot the target of 4.6%...
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