-The Guardian Farms processing insects for animal feed might soon become global reality as demand grows for sustainable feed sources The best way to feed the 9 billion people expected to be alive by 2050 could be to rear billions of common houseflies on a diet of human faeces and abattoir blood and grind them up to use as animal feed, a UN report published on Monday suggests. Doing so would...
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Banks suppressing alerts on suspect dealings: RBI probe-Josy Joseph
-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »Cash transfers are bad for food security-Madhavi Cherian
-The Hindu India's hard won gains in achieving food security are in danger of being undermined by a clause in the National Food Security Bill that encourages States to adopt cash transfers in lieu of food entitlements under the Public Distribution System (PDS). Supporting this view, a recent report by the Commission for Agricultural Costs and Prices (CACP) concluded that the provision of food subsidies in the form of cash would...
More »'RTE exclusion of minority schools needs review'-Bharath Joshi
-New Indian Express Bangalore: Child rights activists are fuming over the Department of Public Instruction's (DPI) recent clarification that no section of the Right to Education (RTE) Act applies to unaided minority schools, prompting a need to revisit the Supreme Court order of last April. After several ‘misinforming' statements by its own officials on various public platforms, the DPI, on April 24, clarified that "it would take no initiatives to enforce the...
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