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The weakest link in development lending-Joe Athialy

-The Business Standard     Institutions such as World Bank and Asian Development Bank (ADB) are considered the panacea of all ills that developing countries like India face. Although the amount of money these institutions lend is small, their influence on the economy is high. They continue to be the benchmark for social and environmental policies, good governance, climate change, corruption and so on. A look at some of the reports of these...

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The Third World's drinking problem-Asit K Biswas & Peter Brabeck-Letmathe

-The Business Standard   International organisations recognise the impending shortage of potable water but their approach is entirely wrong During this year's gathering in Davos, the World Economic Forum released its ninth annual Global Risks report, which relies on a survey of more than 700 business leaders, government officials and non-profit actors to identify the world's most serious risks in the next decade. Perhaps most remarkably, four of the 10 threats listed this...

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Bihar has little money to pay workers under MGNREGS -Alok Gupta

-Down to Earth   Blames Centre for non-release of funds Bihar has very little money to pay people under the Central welfare scheme that guarantees 100 days of employment to the rural poor in a year.   Central government's reluctance to release funds under its Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is said to be the main reason for the crisis. Nitish Mishra, Bihar's rural development minister, told Down To Earth that the...

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Come clean on water

-The Business Standard Industry can lead in saving precious drops The bad news on water is known to experts, but not perhaps to most Indians. By some estimates, India will become water scarce in just about five years, and be a massive 50 per cent short on water in another 10. The country, therefore, needs to find better ways to use water. Is India Inc, in particular, thinking about this problem? The...

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Air pollution now linked to 1 in 8 deaths worldwide, UN health agency reports

-The United Nations Air pollution - both indoor and outdoor - killed some 7 million people across the globe in 2012, making it the world's largest single environmental health risk, according to new figures released today by the UN World Health Organization (WHO). "The risks from air pollution are now far greater than previously thought or understood, particularly for heart disease and strokes," said Maria Neira, Director of WHO's Department for Public...

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