Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...
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India seeks postponement of decision on Endosulfan ban at Geneva by Roy Mathew
India is seeking a postponement of the decision on a global ban on Endosulfan to the next meeting of the conference of parties to the Stockholm Convention in 2013, according to observers. C. Jayakumar and Dr. Mohammed Asheel, observers from Kerala to the ongoing conference of parties to the Convention in Geneva, said in an email message that India had distributed a draft of its proposal among the Asia Pacific group...
More »Rush in now, repent later by Siddharth Varadarajan
A transparent assessment of the costs and risks associated with India's ambitious nuclear plans must be made before any ground is broken at Jaitapur or elsewhere. You really have to hand it to the nuclear industry. In any other sphere of the economy, a major industrial disaster is likely to have adverse, long-term financial consequences for the company or companies whose product or activity was involved in the accident, regardless of...
More »Half-baked idea by Venkitesh Ramakrishnan
Expectations of changes resulting from a movement bereft of a clear political and ideological thrust would be far-fetched. FROM the vacuum left by mainstream politics to the confusions of ideology and practice emerging out of half-baked socio-political engagement – the political trajectory of Anna Hazare's “anti-corruption” satyagraha movement demanding early introduction of the Lokpal Bill in Parliament can well be summed up thus. The wide support that the movement received from...
More »27 million out of poverty net: Govt by Chetan Chauhan
A new data analysed by the Planning Commission says that around 382 million Indians were below poverty line in 2009-10, a decline of 27 million since 2004-05. The decline of over five percentage points (from 37.2% to 32%) in as many years was much less than the target of annual reduction of 2% in poverty in the 11th plan. What the UPA government can showcase is the highest poverty reduction...
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