-FAO The world's forests have a major role to play in the transition to a new, greener economy, a theme being discussed at the Rio+20 Conference.  But to spark that shift, governments must enact programs and policies aimed at both unlocking the potential of forests and ensuring that they are sustainably managed, FAO said today. In a new report, The State of the World's Forests 2012 (SOFO 2012), the UN Food and...

-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending".  The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...

A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...

The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.  In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.  "Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending...

Former plant director backs demands for compensation and jobs Agitating residents of villages in the vicinity of the Kaiga atomic power station have got support from unexpected quarters. The former project director of the plant, Paramahamsa Tewari, who helped to set up the installation in the early 1990s, has expressed support for the demands of the ‘struggle committee of villagers within five km of Kaiga plant,' whose protest at Karwar entered the...