-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...

-The Economic Times   The Planning Commission's affidavit to the Supreme Court that anyone with a monthly expenditure of more than Rs 965 in urban areas and Rs 781 in rural areas would be deemed 'not poor' has been greeted with howls of indignation. Rightly so! Though both numbers - adjusted for inflation - are an improvement over the Tendulkar Committee's numbers of Rs 447 a month in rural areas and Rs...

-The Times of India   National Advisory Council (NAC) member Aruna Roy lashed out at the Planning Commission's new criteria for poverty line submitted to the Supreme Court on Tuesday. "This affidavit reflects the government's deep lack of empathy for the poor and a perspective completely divorced from reality," she said. Roy was reacting to the Plan panel's submission to the Supreme Court, saying if a person's spending exceeds Rs 32 a day in...

-San Francisco Chronicle   Bihar's chief minister, Nitish Kumar, who runs India's poorest and one of its most corrupt regions, announced a novel bid to tackle endemic poverty: taking the state's bureaucrats out of governing. His administration placed advertisements in newspapers this week, seeking a team of professionals to manage a $1.3 billion annual budget for programs involving job creation, housing, infrastructure and microfinance. In Bihar, a state of 103 million people in...

Amid policy battles over food production, energy resources and economic decline, one untapped natural resource that is guaranteed to boost production on a global scale has been stubbornly overlooked – the power of women in the labour force. According to the World Bank's 2012 World Development Report (WDR) "Gender Equality and Development", ensuring equal access for women farmers would increase maize yields by 11 to 16 percent in Malawi and 17...