Rising food prices have not yet reached crisis levels but they are expected to remain very volatile for about the next decade, Researchers said Thursday. The conclusions were based on a new study of the factors that contributed to the 2007-08 food crisis, which Researchers hope will shed light on what actions might be taken to avoid food crises in the future. "There were many suspects for what caused the crisis, but...
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Dependence on borrowed research has cost us: Jairam Ramesh
Even as the Indian Network for Climate Change Assessment — dubbed “the Indian Intergovernmental Panel on Climate Change (IPCC)” — released its first report on the impact of climate change in four regions of the country, it admitted that significant research gaps and lack of extensive databases were hampering Indian climate science. Long-term localised data was not available on vegetation and forest cover, socio-economic trends, farm inputs, pests and crop diseases,...
More »Illegal financial flows: the great drain robbery by P Sainath
India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...
More »Obama Visit and Indian Agriculture: Profit Surge for American MNCs and Peril for Indian Farmers! by Vijoo Krishnan
A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...
More »'82% rural India still lacks basic amenities' by Mahendra Kumar Singh
"Inclusiveness" may be the UPA's winning mantra, but a government survey reveals that just 18% households in rural India have access to basis amenities -- drinking water, sanitation and electricity. Urban areas enjoy these facilities in 68% households. While the UPA regained power on its "aam aadmi" plank, the NSSO survey highlights that a vast majority in rural India still lack basic civic amenities. Around 65% of rural households have no sanitation...
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