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Manmohan Singh reviews financial inclusion efforts

The Prime Minister, Dr Manmohan Singh, on Friday reviewed the progress towards financial inclusion by banks in India. Dr Singh was briefed on the efforts being made by banks to reach banking services through information and communication technology based models and banking intermediaries to 73,000 rural habitations having population of over 2000 as per the 2001 census by March 2012. The Prime Minister also reviewed the safety and security measures...

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1 in 2 under-5 Indian kids malnourished: Study by Gokul Chandrasekar

Around a quarter of the world’s population who are deprived of food live in India and 43 per cent of all children in the country under the age of five are malnourished, claims a recent report published by an international non-profit organisation. While India’s per capita income tripled between 1990 and 2005, the number of hungry people also increased by 53 million, bringing the total numbers of chronically hungry people in...

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Climate change could benefit UK farmers by Fiona Harvey and George Parker

Climate change and global food shortages could bring unexpected benefits for British farmers in the next two decades, ultimately relieving taxpayers of the burden of subsidising them, Caroline Spelman, environment secretary, has claimed. Ms Spelman said the UK was unlikely to suffer the severe water shortages that scientists predict will afflict other parts of the world, and that British farmers should be able to exploit greater demand for their produce. “Countries that...

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India confident about achieving MDGs by deadline

Ahead of the Millennium Development Goals Summit next week, India has expressed confidence that it would be able to reach its social and economic goals by the 2015 deadline. "India will not only have met the goals but it will be a shining example for other countries, Hardeep Singh Puri, India's envoy to the UN told PTI. "There is concern about some of these targets," Puri added, referring to child and maternal...

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Industrializing India leaves little room for farmers by CJ Kuncheria

Jagdishji Vaghela is one of hundreds of thousands of farmers standing in the way of India's breakneck economic expansion. Determined not to give up his land for an industrial park in the western state of Gujarat, the 55-year-old farmer scorns at talk of how the benefits of industrialization in Asia's third-largest economy will trickle down to people like him. Despite a nearby plant producing what is touted as the world's cheapest car,...

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