In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
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PS Vijayshankar, an expert on sustainable farming and water resource management, interviewed by Shreehari Paliath (India Spend)
-India Spend India's transition to sustainable farming has to be calibrated and orchestrated well, drawing lessons from the successes of India's Green Revolution and the recent crisis in Sri Lanka, says sustainable farming expert P.S. Vijayshankar Bengaluru: The production-centric intensive agriculture brought about by India's Green Revolution in the 1960s, using high-yielding seeds, fertilisers and high levels of groundwater utilisation, helped India achieve food self-sufficiency by the 1970s, but has created a...
More »World has waited far too long for this: India on compensation fund approved at UN climate talk
-PTI/ The Telegraph Developing countries need independence in their choice of energy mix, and in achieving the sustainable development goals, says environment minister India on Sunday called as historic the UN climate summit in Egypt for securing an agreement on establishing a fund to address loss and damage due to climate change-induced disasters, saying "the world has waited far too long for this". Making an intervention in the closing plenary of COP27, Union...
More »Global Hunger Index May be Imperfect, but India Must Heed its Warning -Dipak Chaudhari and Atman Shah
-Newsclick.in Political parties conveniently use such indices to support their positions and programmes. However, we must view it as a crucial marker of the economic well-being of people. Health is regarded as an unalienable human right in the Universal Declaration of Human Rights. Children and adults can less utilise their full potential if they suffer from hunger, which unleashes a cycle of events that limit their choices and opportunities. The second of...
More »Poverty eradication India’s biggest challenge -Bharat H Desai
-The Tribune Armed conflicts afflicting many parts of the world have taken a huge toll on global poverty eradication programmes, humanitarian assistance and relief provided by the aid agencies. Multilateral development banks and large aid agencies need to play enhanced roles in providing funds to eradicate multidimensional poverty. India needs to hold more vigorous drives to achieve the first of the 17 sustainable development Goals — to end all forms of...
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