Dr MS Swaminathan, NAC member and the father of India's green revolution talks to Rupashree Nanda on the food security legislation, the neglect in creating storage infrastructure and ideas like outsourcing food security issues. Rupashree Nanda: The main reason for the NAC climb down from the promised universal PDS to targeted PDS was the stated non - availability of foodgrains. Would you agree to that argument? Isn't there is not enough...
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Emerging economies have the worst records of underage workers
The Child Labour Index and map, produced by global risks advisory firm Maplecroft, rates 68 countries as ‘extreme risk’ with Bangladesh, China, India, Nigeria and Pakistan amongst those with the most widespread abuses of child workers.According to the ILO, there are 215 million children working throughout the world, many full-time. Of these, 115 million are exposed to hazardous forms of child labour. The index evaluates 196 countries on the prevalence,...
More »Experts group examines NAC recommendations on Bill by Gargi Parsai
Food Ministry asked how it proposed to reform PDS to plug leakages “Present procurement of foodgrains is between 50 and 55 million tonnes” In the first meeting on Friday of the experts group set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, senior officials were asked to come up with firm calculations. Chairman of the Prime Minister's Economic...
More »Government asks banks to submit MFI loan, NPA data by Manojit Saha
Two months after the crisis in the microfinance industry broke out, resulting in the possibility of bank loans to the sector becoming non-performing, the government now wants to do a reality check. Last evening, the finance ministry dashed off a letter to public sector banks, Small Industries Development Bank of India and National Bank for Agriculture and Rural Development, asking them to furnish data on how much exposure they have to...
More »Farmers stop repaying loans taken during 2008-2010 by KV Subramanya
Agricultural Debt Wavier and Debt Relief Scheme (ADWDRS-2008), which was introduced by the Union Government in 2008 to provide debt relief to farmers, has backfired in Chickballapur district. Under the belief that the Government would come out with a similar debt wavier/relief scheme in the future, a majority of farmers have stopped repaying fresh agricultural loans they have taken during 2008-09 and 2009-10, subsequent to the implementation of ADWDRS-2008. Thereby, many farmers,...
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