-The United Nations Small-scale farmers - who produce the majority of food in the developing world - need to be better integrated into markets to reduce global hunger and poverty, the United Nations food and agricultural agency today reported urging more nuanced policymaking for smallholder farmers. "Policy interventions that aim at encouraging greater levels of smallholder production for sale in markets need to take better account of the heterogeneity of smallholder households,"...
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Natural gas price doubled, may trigger price rise -Anupama Airy
-The Hindustan Times Biting the bullet on a tough reform measure, the government on Thursday took a politically sensitive decision to double natural gas prices to $8.4 (about Rs. 510.13) per unit from April 1 next year. This move will push up the price you pay for everything from food items to public transport. On the positive side, the decision is expected to attract foreign investors in the energy sector as the...
More »Bribery probe against Walmart inconclusive, but no clean chit to US retailer -Anandita Singh Mankotia
-The Economic Times NEW DELHI: Terming some of the answers provided by Walmart as "incomprehensible" and parts of the deposition by its just departed India boss Raj Jain as "ambiguous", a government committee set up to look into whether the US behemoth indulged in bribery in India, has refused to give it a clean chit, complicating its efforts to draw a line under the episode. The one-man committee under Justice Mukul Mudgal...
More »The youth unemployment bill -Manish Sabharwal
-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...
More »Changing environment to impact global business: UN
-IANS LONDON: The future of the private sector will increasingly hinge on the ability of businesses to adapt to the world's rapidly changing environment, according to a UN report. The report titled "GEO-5 for Business: Impacts of a Changing Environment on the Corporate Sector" was released by the UN Environment Programme (UNEP) in the British capital, Xinhua reported. It analysed the potential risks to 10 different sectors of the economy, and also the...
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