-The Hindustan Times Mumbai: Indian companies have acquired land more than nine times the size of Delhi on foreign shores, as cultivable land at home is lost to urbanisation, industry and infrastructure projects. Land Matrix, a global land monitoring initiative that tracks land dealings worldwide, placed India among the top 10 countries that have acquired large tracts of land abroad, primarily for agriculture, in Africa and Asia. The country ranks eighth,...
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Some good news: Farm sector likely to grow over 5%-Surojit Gupta & Sidharth
-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
More »Report Finds 400 Million Children Living in Extreme Poverty
-The World Bank Press Release WASHINGTON- The number of people living in extreme poverty around the world has sharply declined over the past three decades, but in 2010 it still included roughly 400 million children, or one -third of those living in such abysmal conditions, according to a new World Bank analysis released today that for the first time gives an in-depth profile of the poorest people in the world. The report...
More »Escape velocity: Did Harvard dons inspire Rahul Gandhi?
-The Times of India NEW DELHI: Jupiter's gravity could be Rahul Gandhi's flourish, but "escape velocity" is a buzzword in macro economics and empowerment this year, figuring in the title of an influential paper by two Harvard economists studying racial inequality. In "Achieving escape velocity: Neighbourhood and school interventions to reduce persistent inequality", Harvard's Roland D Fryer and Lawrence F Katz examine policies that enable youth to "escape the gravitational pull of...
More »Food inflation: How to decode the onion price puzzle-Usha Tuteja
-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...
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