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Near-record wheat production expected this year

-FAO FAO today forecast that 2012 world wheat production will be the second highest on record at 690 million tonnes and also announced that  international food prices rose one percent in February —  the second increase in two months.  Published today, FAO’s quarterly Crop Prospects and Food Situation report forecast a 2012 wheat crop 10 million tonnes or 1.4 percent down from the record 2011 harvest but still well above the average...

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Digital divide: IT boom in India left women behind, finds study by Himanshi Dhawan

As you scan a busy street or travel on a train, the ubiquitous mobile is everywhere. And yet, one of India's biggest success stories - the use of mobile technology - has reached women only partially. A recent study shows that 12% fewer women own mobiles as compared to men. The gender gap is even higher in internet use with women comprising just 17% of total internet users. Interestingly, 20%...

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World meets goal of boosting access to clean water but lags on better sanitation–UN

-The United Nations The goal of reducing by half the number of people without access to safe drinking water has been achieved, well ahead of the 2015 deadline for reaching the globally agreed development targets aimed at ridding the world of extreme poverty, hunger and preventable diseases, the United Nations said today. Between 1990 and 2010, over two billion people gained access to improved drinking water sources, such as piped supplies and...

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Small farmers still excluded from formal financial channels

-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending".  The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...

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Government subsidy burden at 10-year high

-IANS The Indian government's subsidy burden is expected to reach 2.5 percent of the country's gross domestic product (GDP) for the fiscal ending March 31, the highest in 10 years, due to higher price of crude oil and other commodities, a report showed Tuesday.  The total subsidy is expected to increase to Rs.2,23,000 crore in the current financial year, which is 2.5 percent of GDP at the current market price which is...

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