The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...
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Charge sheet identical to CAG findings by Sandeep Joshi
The only difference is in revenue loss, which the investigating agency CBI put at Rs.30,984 crore The Central Bureau of Investigation's first charge sheet in the 2G spectrum allocation scam is almost identical to what the Comptroller and Auditor-General of India (CAG) said, except for the figure of revenue loss, which the CBI has put at Rs.30,984 crore. The CBI agrees with the CAG audit findings that the former Telecom Minister, A....
More »High food prices keep millions in Asia-Pacific region in poverty – UN
High food prices prevented more than 19 million people in the Asia-Pacific region from lifting themselves out of poverty last year, the United Nations said in a new study released today, warning that soaring food and fuel inflation will keep large sections of the region’s population below the poverty threshold. The assessment by the UN Economic and Social Commission for Asia and the Pacific (ESCAP) says that rising food prices can...
More »NBA urges PM not to reverse order on Maheshwar dam by Gargi Parsai
Prashant Bhushan seeks CBI probe into financial irregularities Scrap power purchase agreement with State government Land acquisition orders served on 46 villages The Narmada Bachao Andolan (NBA) has urged Prime Minister Manmohan Singh not to reverse the stop-work order imposed by the Ministry of Environment and Forests on the construction of the Maheshwar dam for “non-compliance” of various norms. The dam is being built by S. Kumars group in Madhya Pradesh. Addressing a joint...
More »Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
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