The arrival of large quantities of wheat in the grain markets of the Punjab-Haryana region is a heart-warming sight, while poor storage is a matter of national shame. It was in April-May 1968, that the country witnessed the wonderful spectacle of large arrivals of wheat grain in the mandis of Punjab like Moga and Khanna. Wheat production in the country rose to nearly 17 million tonnes that year, from the previous...
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Renewable sources can meet most global energy demands – UN-backed report
Renewable energy sources such as solar power, wind, biomass and hydropower could meet nearly 80 per cent of the world’s energy supplies by 2050 if governments pursue policies that harness their potential, a United Nations-backed report released today says. The findings of more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC) indicate that if the path of renewable source is fully followed, greenhouse gas emissions could stay...
More »Health budget may go up by 2% by Kounteya Sinha
India plans to increase its allocation for health to 2%-3% of its GDP over the next five years. Public spending on health was 0·94% of the gross domestic product (GDP) in 2004–05, which was among the lowest in the world. Private expenditure on health in India is about 78% as compared to 14% in the Maldives, Bhutan (29%), Sri Lanka (53%), Thailand (31%) and China (61%). Union health minister Ghulam Nabi Azad on...
More »Food inflation falls to 8.53 per cent
Food inflation fell to 8.53 per cent for the week ended April 23 on the back of fall in prices of pulses, reversing the upward trend seen in the previous fortnight. Food inflation in the previous week was 8.76 per cent. The latest numbers are likely to come as a relief to the government and the RBI, especially at a time when the central bank's monetary policy for the fiscal, released...
More »Food Price Hike Worsens Poverty in Asia by Marwaan Macan-Markar
An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...
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