-The Business Standard After generating much controversy back home on the Planning Commission's “unrealistic definition” of poverty line, India had to field some tough queries in Washington over the matter. Chief Economic Advisor Kaushik Basu said the government was looking at various parameters of poverty estimates to provide better coverage to the vulnerable section through a proposed food law. "...now we are going to go into a new food security programme, where we...
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High prices:India calls for improved farm productivity at G-24
-PTI Terming high global commodity prices a "grave threat", Finance Minister Pranab Mukherjee has called for developing countries to increase their investments in agriculture to improve crop productivity. "The recent commodity and food price rise and their volatility constitute a grave threat to economic growth and food security in our economies," Mukherjee said at a meeting of G-24 Finance Ministers here last evening. He took over as the new chairman of the group...
More »India faces new epidemic with 60 million people morbidly obese by Robin Pagnamenta
India's economy may have been booming in recent years but so have the waistlines of those enjoying such dramatic growth. As a result a country more usually associated with famine is facing an unexpected epidemic with 5 per cent of population 60 million people -- now morbidly obese. This has kept bariatric (weight loss) surgeons such as Muffazal Lakdawala busy fitting gastric bands and stitching stomach bypasses for India's political and business...
More »Poor countries lead in mother, child spending
-AP Bangladesh, Ethiopia, Nepal and some of the world’s other poorest countries helped lead the way over the past year as U.N. member states began meeting their unprecedented pledge of more than $40 billion for maternal and child health, a new study of the spending says. The spending report is being released Tuesday at a high-level event chaired by U.N. Secretary-General Mr. Ki-moon, who has made raising money for the health of...
More »Indian Activists Bring Anti-Coal Campaign to World Bank by Amanda Wilson
As leaders from two of the world's largest financial institutions, the World Bank and International Monetary Fund, met for annual meetings here Tuesday, a delegation of activists from India called on the World Bank to follow through with its proposal to dramatically cut funding for coal-burning power stations. Over the next few days, the delegation will travel from Washington to West Virginia where, in the heart of the Appalachian Mountains, activists...
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