-PTI Terming high global commodity prices a "grave threat", Finance Minister Pranab Mukherjee has called for developing countries to increase their investments in agriculture to improve crop productivity. "The recent commodity and food price rise and their volatility constitute a grave threat to economic growth and food security in our economies," Mukherjee said at a meeting of G-24 Finance Ministers here last evening. He took over as the new chairman of the group...
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Govt has to bear Rs 3,800 cr to implement 25% quota under RTE by Sruthy Susan Ullas
The finance department wanted to know what would be the extra burden to the state to implement the 25% quota in private schools under the RTE. It got a mind-boggling figure of Rs 3,800 crore. The state unit of the Sarva Shiksha Abhiyan furnished this exact figure to the government on how much it would cost the government to reimburse private schools ( ICSE/CBSE) if the 25% seats are reserved for...
More »4 million poor women go ‘missing' in developing nations each year: World Bank
-The Hindu Business Line About two-fifths are never born, one-fifth goes missing in infancy and childhood, and remaining two-fifths do so between the ages 15 and 59 There are close to 4 million “missing” poor women in developing countries each year, says a new World Bank report. India accounts for one million of these women. Expressing deep concern at excess female mortality or “missing” females, World Development Report 2012: Gender Equality and...
More »Indian Activists Bring Anti-Coal Campaign to World Bank by Amanda Wilson
As leaders from two of the world's largest financial Institutions, the World Bank and International Monetary Fund, met for annual meetings here Tuesday, a delegation of activists from India called on the World Bank to follow through with its proposal to dramatically cut funding for coal-burning power stations. Over the next few days, the delegation will travel from Washington to West Virginia where, in the heart of the Appalachian Mountains, activists...
More »Women Hung Out to Dry in Global Labour Market by Kanya D'Almeida
Amid policy battles over food production, energy resources and economic decline, one untapped natural resource that is guaranteed to boost production on a global scale has been stubbornly overlooked – the power of women in the labour force. According to the World Bank's 2012 World Development Report (WDR) "Gender Equality and Development", ensuring equal access for women farmers would increase maize yields by 11 to 16 percent in Malawi and 17...
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