U.S. support for Muhammad Yunus is so strong that Dhaka may find a negotiated settlement to protect the Nobel Laureate's image and the independence of the Grameen Bank. Nobel Laureate Muhammad Yunus's three-decades-long journey with microfinance was laborious. But he most certainly did not encounter a crisis like the one he is facing now. It was only in December 2010 that the Bangladeshi — who shared the Nobel Peace Prize with...
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PM turns to plan panel for food law solution by Deepshikha Sikarwar
Prime minister Manmohan Singh has enlisted the Planning Commission's support to reconcile varying views on the proposed food security legislation . Singh has asked the commission to suggest the best possible framework for the Food Security Act after several members of the Sonia Gandhi-led National Advisory Council (NAC) objected to the suggestion of a government panel to restrict coverage of the ambitious scheme. The proposed legislation seeks to provide legal guarantee of...
More »Half of world’s poorest countries can escape poverty by 2020 – UN
Half the world’s 48 least developed countries (LDCs) can “graduate” out of their impoverished status within 10 years if they benefit from better targeted development aid, duty- and quota-free access for exports and doubled farm productivity and school enrolment, according to a United Nations report released today. This is considered a bold objective, given that altogether there have been 51 LDCs since the category was created by the UN in 1970,...
More »Court asks Food Commissioners to visit Chhattisgarh villages by J Venkatesan
The Supreme Court on Tuesday directed its two Commissioners N.C. Saxena and Harsh Mander and the Collector of Dantewada to visit the villages of Tadmetla, Morapalli and Timapuram in Chhattisgarh, where food scarcity and hunger deaths were reported, and to give a report to the court. A Bench of Justice Dalveer Bhandari and Justice Deepak Verma gave this direction during the course of hearing of a petition filed by the People's...
More »Universalization of food security law may take a hit, shows survey by Subodh Ghildiyal & Rajeev Deshpande
A pilot survey finding that 25-30% of the rural population can be automatically excluded from food security entitlements for below poverty line population might help forge a consensus between the government and the Sonia Gandhi-led National Advisory Council. The "automatic exclusion" criteria, devised on the basis of the N C Saxena report on methodology for a BPL census, is more liberal than the "bare bones" approach adopted by the government in...
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