A tectonic shift in the global climate negotiations got underway with the African group of countries siding with India in demanding that equity and 'common but differentiated responsibilities' be embedded in the talks for a future climate regime. The re-alignments became evident with several key groups of nations submitting their views on how countries should increase their ambition levels for cutting emissions in the coming years. The submissions from Association of Small...
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Need regulation to make sure that financial inclusion becomes cost-effective by Ashok Khemka
One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...
More »CM’s farm-before-factory fence
-The Telegraph Chief minister Mamata Banerjee has sought to address stirrings of disenchantment by using the run-up to the Nandigram firing anniversary to reassure her core constituency that she would not budge from her known positions on land and industry. The chief minister emphatically asserted that her government would not endorse special economic zone (SEZ) status for the Infosys project in Rajarhat. She stuck to her stand that land ceiling would not...
More »A simple proposal on food security
-The Hindu Dr. Manmohan Singh Prime Minister of India March 12, 2012 Dear Prime Minister, We welcome the tabling of a National Food Security Bill in the Lok Sabha as an important step towards the elimination of hunger and undernutrition in India. However, we feel that the Bill in its current form has some serious shortcomings. We are writing to propose a simpler and more effective framework for the Public Distribution System (PDS), which requires...
More »Economic growth and food security depend on healthy farm sector, whose pillar, the farmer, is still neglected by Ajay S Shriram
In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
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