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Agriculture and Food Security Initiative Gains Momentum at G20, World Bank-IMF Meetings

Some 800 million people in the world were malnourished even before the food and economic crises hit.  Now a push to confront this longer-term problem is picking up steam. Leaders at recent global gatherings agreed to back a multibillion dollar initiative to boost agriculture and food security in low-income countries. Discussions on the overall design and level of funding are continuing. In September, the G20 asked the World Bank to...

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Look East policy comes of age by Sanjaya Baru

The Indo-Asean FTA provides an opportunity to be more engaged with the region This is an important week for Prime Minister Manmohan Singh. Over the weekend, at the Fourth East Asia Summit in Thailand, he will witness the final fruition of the second most important foreign policy initiative he took during his first term in office — the India-Asean Free Trade Agreement. This should ensure he will be in better...

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Employers let temporary workers go first during economic crisis – UN report

Workers who found jobs through temporary employment agencies were among the first to find themselves out of work as a result of the global financial and economic crises, according to a new United Nations report released today. The International Labour Organization (ILO) report noted that the largest number of temporary job losses was recorded in the manufacturing sector of developed countries, especially in the car industry. Spotlighting Germany, where between...

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THE FUTURE ISN’T GREEN by SL Rao

Energy security is a major objective of all countries. Some are proactive and aggressive in this pursuit, like China; others like India are slow and procrastinate on major decisions and allow hope to overtake realistic assessments. This makes energy security in the foreseeable future an uncertain goal for India. Any discussion of energy security must keep in mind the Indian realities. Although in overall terms of commercial energy use to...

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Rlys to tap NREGA for unviable projects by Mahendra Kumar Singh

The new railway tracks announced on social demand but which are economically unviable and may get delayed due to fund crunch may be funded through NREGA. Railways, which is facing a fund crunch and is struggling to check cost escalation, has also asked state governments to pitch in at least 50% of the project cost from their kitty by raising it through a cess or any other means. According to...

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