An additional 3 billion Asians could enjoy higher living standards, but only if Asia sustains its present growth momentum and addresses the challenges and risks facing the region, the Asian Development Bank (ADB) said in a new report on Wednesday. The draft report says that as the global economy's center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the...

An Empowered Group of Ministers (EGoM) on Food is scheduled to meet on Monday to discuss the proposed National Food Security Bill and take a view on the suggestions made by the Sonia Gandhi-headed National Advisory Council (NAC) and Rangarajan Panel. According to sources, the Food Ministry will place the reports of both the NAC and the Prime Minister’s panel headed by PMEAC chairman C Rangarajan before the EGoM for guidance. The...

The Prime Minister-appointed panel on Food and Public Distribution System (F&PDS) headed by Deputy Chairman Planning Commission Montek Singh Ahluwalia has suggested that the current system of distributing PDS foodgrain per household should be replaced with per capita allocation. According to National Sample Survey (NSS) data, lower income households have more members per family than higher income households, the panel has said in its draft report. Justifying its suggestion as a “progressive...

An Empowered Group of Ministers (EGoM) on Food is scheduled to meet today to discuss the proposed National Food Security Bill and take a view on the suggestions made by the Sonia Gandhi-headed National Advisory Council (NAC) and Rangarajan Committee. According to sources, the Food Ministry will place the reports of both the NAC and the Prime Minister's panel headed by PMEAC Chairman C Rangarajan before the EGoM for guidance. The Rangarajan...

A LEAFY VILLAGE in Kerala, Pathanpara, never found access to India’s electricity grid. That is why for the last several years, this village has been generating its own electricity. Raju, a dhoti-clad cashew nut farmer, operates Pathanpara’s five kilowatt (KW) micro hydropower plant. He lives in the village and earns a salary of Rs 2,250, paid by the People’s Electricity Committee (PEC). The power generated is shared equally by the village,...