Chief Minister M. Karunanidhi on Friday requested Prime Minister Manmohan Singh to defer issuing the Coastal Regulation Zone (CRZ) notification till the apprehensions of fisherfolk and environmentalists are allayed. In a letter, Mr. Karunanidhi said there was a strong apprehension among the coastal communities that the draft notification would cause widespread destruction to the livelihood of Fishing communities and other poor communities in the coastal areas, resulting in damage to coastal...
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Fishing for food security by Surinder Sud
The green revolution has largely mitigated food security concerns even though flawed distribution and food inflation keep a section of the population underfed. However, nutritional security still eludes most people, including many of those who eat enough cereal. Much of this nutritional deficiency is the result of an insufficient intake or the consumption of poor-quality protein. Food scientists believe that promoting fish consumption can play a key role in alleviating protein...
More »India's unemployment rate at 9.4 pct in 2009-10: Govt survey by Siddharthan Meganathan
The unemployment rate in India is estimated at 9.4 percent or 94 persons out of 1000 persons in the labour force for the fixed reference period of financial year 2009-10, according to employment-unemployment survey by the Labour Bureau under the Labour and Employment Ministry. In absolute terms about 40 million persons are found unemployed based on the survey results at overall level of the State/UT’s surveyed. The unemployment rates are estimated at...
More »Goa tops unemployment list in India by Amitav Ranjan
The first-ever annual employment survey by the Labour Bureau under the Union Ministry of Labour points to a “jobless economic growth” last fiscal year. During the bureau’s survey period 2009-10 — also the year in which India’s gross domestic product grew by 7.4 per cent — unemployment was 9.4 per cent. The National Sample Survey Organisation, using its Consumer Expenditure Survey for 2007-08, had painted a rosy unemployment figure of 2.8...
More »Microfinance: What's wrong with it by M Rajshekhar
The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
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