Global agriculture contributes in the region of 17 percent to the greenhouse gas emissions that cause climate change, but according to the World Bank, climate smart agriculture techniques can both reduce emissions and meet the challenge of producing enough food for a growing world population."As much as agriculture is part of the problem, it is also part of the solution," said Inger Anderson, the World Bank's vice president on sustainable...
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Black swan in micro-finance by Ajit Ranade
The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...
More »Obama Visit and Indian Agriculture: Profit Surge for American MNCs and Peril for Indian Farmers! by Vijoo Krishnan
A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...
More »Illegal tiger trade 'killing 100 big cats each year' by Mark Kinver
The illegal trade in tiger parts has led to more than 1,000 wild tigers being killed over the past decade, a report suggests. Traffic International, a wildlife trade monitoring network, found that skins, bones and claws were among the most common items seized by officials. The trade continues unabated despite efforts to protect the cats, it warns. Over the past century, tiger numbers have fallen from about 100,000 individuals to just an estimated...
More »State Bank to jack up rural lending by 25% by Anita Bhoir
State Bank of India, the country’s largest bank, plans to scale up its rural book in keeping with its objective to increase financial inclusion. The bank plans to increase its rural lending book by 25% and its deposit base by about 28%,’’ said Jayanta K Sinha chief general manager, rural business, SBI. The bank is also in the process of teaming up with corporates, who would be Business Correspondents(BC). “In keeping...
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