-The Economic Times Sometimes, putting one and one together does make 11, but many of us seem hardwired in our thoughts to assume rural income growth is a zero-sum game. For example, some people believe subsidies have driven the 15-20 per cent a-year growth in rural wages over the last five years. They come up with "explanations", including "people are selling land and consuming", "rising minimum support prices", and "NREGA is...
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Japan may import rice bran oil from India, to improve fiscal numbers -Sutanuka Ghosal
-The Economic Times KOLKATA: There is some good news for the UPA government, which is trying hard to tackle the rising import bill. Japan has shown interest in buying rice bran oil from India - a country that depends on import of edible oil for meeting nearly 60 per cent of its domestic consumption. Export of rice bran oil will help India earn foreign exchange, thus reducing the rising import bill...
More »How India's food security question can be answered -Bill Pritchard and Anu Rammohan
-The Hindustan Times The level of food insecurity in India remains stubbornly high for a country that has experienced more than a decade of strong growth, attained robust levels of agricultural production and is a net exporter of food. So the widening gap between the country's economic confidence and the hunger that besets so many of its citizenry is a matter of concern. In the book Feeding India: Livelihoods, entitlements and capabilities,...
More »Some good news: Farm sector likely to grow over 5%-Surojit Gupta & Sidharth
-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
More »Report Finds 400 Million Children Living in Extreme Poverty
-The World Bank Press Release WASHINGTON- The number of people living in extreme poverty around the world has sharply declined over the past three decades, but in 2010 it still included roughly 400 million children, or one -third of those living in such abysmal conditions, according to a new World Bank analysis released today that for the first time gives an in-depth profile of the poorest people in the world. The report...
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