If the malnourished in India formed a country, it would be the world's fifth largest — almost the size of Indonesia. According to Food and Agriculture Organisation (FAO), 237.7 million Indians are currently undernourished (up from 224.6 million in 2008). And it is far worse if we use the minimal calorie intake norms accepted officially in India. By those counts (2200 rural/2100 urban), the number of Indians who cannot afford...
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Time to end West's farm subsidy as a condition for funding European bailouts: Swaminathan A Aiyar
-The Economic Times The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone. But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...
More »The truth about solar mission by Chandra Bhushan & Jonas Hamberg
For the Government of India the first phase of the national solar mission has been a grand success. It not only managed to attract industry to invest in the generation of an energy considered costly, but also dramatically drove down the cost of producing this energy. In its celebration, little did the government realise that a major conglomerate had subverted rules to acquire a stake in the solar mission much...
More »'Central Government schemes not for the poor', says Sushma Swaraj
-ANI Senior leader of Bharatiya Janata Party (BJP), Sushma Swaraj, said availing loan in India is not easy for the poor people. While addressing a function organised by the Swadeshi Jagran Manch, an economic wing of Hindu Radical Outfit, Rashtriya Swayamsewak Sangh, in New Delhi on Sunday. Swaraj said even the Central Government's scheme is unable to provide loan to the poor. "Taking loan is not easy in this country, people loose patience...
More »Another farmer kills self in Bengal by Saugar Sengupta
Agrarian crisis continued in Bengal with farmers continuing to commit suicide after failing to sell their crops. The latest such incident was reported from Malda district in North Bengal, police said. Dayal Chandra Burman a middle-aged peasant committed suicide on Sunday morning at Gajole block in Malda district after he failed to repay Rs 30,000 taken as loan from moneylenders for paddy cultivation. He failed to sell his crops for the...
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