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UN study highlights the immense economic and social value of ecosystems

Businesses and policy-makers need to recognize the tremendous economic value of ecosystems, as well as the social and economic costs of losing such natural resources as forests, freshwater, soils and coral reefs, a new United Nations report released today said. The report by the Economics of Ecosystems and Biodiversity (TEEB), a body hosted by the UN Environment Programme (UNEP), seeks to galvanize the world to recognize the economic consequences of failing...

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Conditional maternity benefit scheme launched by Aarti Dhar

Centre will implement it on a pilot basis in 52 districts To improve maternal and child health, the Cabinet Committee on Economic Affairs on Wednesday approved the Indira Gandhi Matritva Sahyog Yojana (IGMSY) — a monetary scheme for pregnant women and lactating mothers — on a pilot basis in 52 districts in this Five-Year Plan. Each pregnant and lactating woman will receive Rs. 4,000 in three instalments between the second trimester of...

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Haryana asks banks to reduce rate of interest

Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank of India officers here today on the occasion of signing of Memorandum of Understanding (MoU) between Lakshya Food India and State Bank of India (SBI), an official release said. The...

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Why Haryana ranks fifth in the Commonwealth by Mukesh Bhardwaj

If Haryana were a country, it would be fifth on the gold medal winners’ list at Delhi 2010 — after Australia, England, Canada and India-minus-Haryana. Fifteen of India’s 38 gold at the Commonwealth Games — nearly 40 per cent of the country’s best-ever haul — have been won by athletes from Haryana. For perspective, Haryana has 2 per cent of the country’s population and occupies 1.37 per cent of its land...

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What India’s growth story conceals by Abhijit Patnaik

India’s performance at the Commonwealth Games in 2010 has been its best so far – second on the medals list.However, another kind of ‘competition’ ranked 84 countries in accordance with achievements in a different field this week. India was a lowly 67th. The field was hunger, measured by combining the proportion of people undernourished, the proportion of underweight children and the child mortality rate. The Global Hunger Index (GHI) 2010 –...

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