Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...
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IFAD chief says climate change threat is very real by Gargi Parsai
Without crop varieties adapting to extremes of weather, feeding world population will be difficult Shortage of water resources will be one of the greatest problems NEW DELHI: “The threat of climate change and its impact on agriculture is real. We have evidence that by 2025 in some parts of the world including India, parts of Asia and parts of Africa, crop yields will drop from anything between 20 and 40 per cent...
More »Towards a happier state by SL Rao
Non-governmental organizations are making a difference to the lives of poor and marginalized people in India. Most work in geographically limited areas. They are idealistic and want change, and hope to enter the lives of those they work with. Funding agencies and NGOs are enthused by any sign of change in the long-failed state of Bihar. A virulent and discriminatory caste system that deprives the lower castes even of government-funded...
More »Whither Rural India? by Kripa Shankar
The rural population is at present estimated at 85 crores. Ten per cent of the households are completely landless. Another 52 per cent have holdings of less than 0.2 hectare. The per capita agricultural land in the rural areas has come down to 0.12 hectare. According to the National Sample Survey, the annual income of an agricultural household from farming is less than Rs 12,000 and from all sources it...
More »School meals key to feeding and educating most vulnerable children – UN report
The introduction of free meal programmes not only ensures children are fed, but are crucial to keeping the poorest and most vulnerable in school while providing a boost to learning and health, according to a United Nations report released today. The new report from the World Bank and the World Food Programme (WFP) noted that although most countries offer meals to their students, poor nations face a double obstacle of...
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