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UN study highlights the immense economic and social value of ecosystems

Businesses and policy-makers need to recognize the tremendous economic value of ecosystems, as well as the social and Economic Costs of losing such natural resources as forests, freshwater, soils and coral reefs, a new United Nations report released today said. The report by the Economics of Ecosystems and Biodiversity (TEEB), a body hosted by the UN Environment Programme (UNEP), seeks to galvanize the world to recognize the economic consequences of failing...

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A non-starter from the start by Girish Agrawal

Paan kheti [betel vine cultivation] is our lifeline…why does the government want to destroy it and force us into being labourers?” asked Niranjan, a 60-plus-year-old farmer who would lose his betel vines to the Posco steel project in Orissa. This is one of the questions that haunted us,when we, a group of US-based researchers interested in the new economy of globalised India, started looking into the Posco project. We had...

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Nod for cash scheme for pregnant women, lactating mothers by Aarti Dhar

To be implemented in 52 districts Cash incentives to be based on certain conditions The scheme will be implemented through ICDS NEW DELHI: To improve maternal and child health, the Cabinet Committee on Economic Affairs on Wednesday approved the Indira Gandhi Matritva Sahyog Yojana (IGMSY) — a monetary scheme for pregnant women and lactating mothers — on a pilot basis in 52 districts in this Five-Year Plan. Each pregnant and lactating woman will receive...

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Posco paid for study on Posco by Priscilla Jebaraj

Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...

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Number of Internet users to surpass 2 billion by end of year, UN agency reports

The number of Internet users worldwide has doubled in the past five years and will surpass the 2 billion mark in 2010, with the majority of the 226 million new users this year coming from developing countries, the United Nations telecommunication agency reported today. The number of people with Internet access at home has increased from 1.4 billion in 2009 to almost 1.6 billion in 2010, with 65 per cent of...

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