In 1957, the Communist Party of Kerala became the first democratically elected communist government in Asia. While many in the West feared that this election would help communism spread across South Asia and make Kerala the "Yan'an of India", the Keralite communists' actions were checked by Jawaharlal Nehru and the Congress party's control of the federal coffers. Instead, from within the political bounds of India's divided government, Kerala initiated what has...
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Govt for cos acquiring land in Africa for pulses cultivation by Prabha Jagannathan
The government has assured full support to Indian companies exploring opportunities to acquire agricultural land in Africa for cultivation of pulses in order to deal with its domestic shortage. "We import pulses and we will be more supportive of more land being brought under cultivation and for value addition. India is the market and we have been investing in agriculture...," Commerce and Industry Minister Anand Sharma had said. With the unabated...
More »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...
More »Subsidy made state one of worst performers
The subsidy-driven development model of Punjab is one of the reasons why state is the worst performer in the country on economic equality front measured through Gini co-efficient. Not only this, revenue collection is the lowest in the country at 6.86% as against a national average of 10-12%. Subsidy is going to only the rich with peasants being pushed out of agriculture. It has come to focus as its reduction is...
More »UN urges long-term solutions to help countries with protracted food crises recover
Natural disasters, conflict and weak institutions have thrust 22 countries into recurring food crises and high prevalence of hunger, two United Nations agencies said today in a report on food insecurity around the world, calling for longer-term solutions to help those States recover their productive capacity. Chronic hunger and food insecurity is the most common characteristic of a protracted crisis, according to the report, the “State of Food Insecurity in the...
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