Farmers can continue to reap a financial harvest that first came as a windfall loan waiver of Rs 60,000 crore in 2008. Finance minister Pranab Mukherjee raised the target for loan disbursal to the farmers from the present Rs 3,75,000 crore to Rs 4,75,000 crore in 2011-12, nearly a 27% jump.Mukherjee has raised the target consistently in 2010-11, the loan target was raised by over 15% at Rs 3.75 lakh...
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Heat shield for wheat, rice and fish by GS Mudur
The Cabinet Committee on Economic Affairs today approved a plan by the Indian Council of Agricultural Research to prepare the nation’s crops, livestock and fisheries for rising temperatures and other impacts of climate change. The National Initiative on Climate Resilient Agriculture will receive Rs 350 crore for multiple projects — from developing heat-tolerant rice and wheat to tracking the spawning behaviour of marine and freshwater fish amid rising temperatures. The programme will...
More »No commitments in Cancun Agreement, India's interests 'protected'
The UN climate summit reached the Cancun Agreement here early Saturday - but there was no mention of the extent to which industrialised countries would commit to reduce greenhouse gas (GHG) emissions after 2012, when the Kyoto Protocol's commitment period ends.Nor was there any agreement on a second commitment period of the protocol, only a decision to keep talking about it. The Kyoto Protocol is currently the only legally binding...
More »All-party team to meet PM on drought
Chief minister Arjun Munda today chaired his first all-party meeting that resolved to meet the Prime Minister and request him for a package to help the state execute drought relief measures, signalling an effort to build consensus among his allies and the Opposition on serious and contentious issues facing Jharkhand. Attended by all ministers, except deputy chief minister Sudesh Mahto, who is away at Vaishno Devi for a pilgrimage — Chandra...
More »Hunger remains despite high growth: US study
THE high economic growth in India, unlike in the case of China, has not translated into a rapid reduction of hunger in India, a US-based policy think-tank has said. India ranks 67th in an 84-country ranking and has more hungry people than its neighbouring countries. “Higher growth rates in India has not been translated into hunger reduction,” Ashok Gulati , Director Asia, International Food Policy Research Institute (IFPRI) said after the release...
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