Pawan Goenka noticed something unusual last year—tractor sales were climbing even though India had its worst monsoon in more than three decades and farm output dropped 2.8% in the three months to December last fiscal. The umbilical cord that tied rainfall patterns and tractor sales seemed to have been ruptured. The president of auto and tractor maker Mahindra and Mahindra Ltd offers an interesting explanation to this puzzle: growing labour shortages...
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FCI's intentions of outsourcing food security could spell disaster: Swaminathan
On an RTI ( Right To information) lodged by CNN-IBN, the Food Corporation of India (FCI) has revealed its intentions to outsource India's food security. Prof. M S Swaminathan, the father of India’s green revolution, reacted to the news calling it a national disaster. The government did a poor job of both storing and distributing food grains and let thousands of tonnes simply lie and rot. "Outsource India's food security,"...
More »Waste management sector is well-placed to battle climate change, finds UN report
companies could have a big impact in the fight against climate change, according to a United Nations report released today.“Waste and Climate Change: Global Trends and Strategy Framework” – prepared by the UN Environment Programme’s (UNEP) International Environmental Technology Centre – says the waste sector is particularly well placed to cut its contribution to global man-made greenhouse gas (GHG) and even become an emissions saver.The report recommends reducing the amount...
More »Emerging economies have the worst records of underage workers
The Child Labour Index and map, produced by global risks advisory firm Maplecroft, rates 68 countries as ‘extreme risk’ with Bangladesh, China, India, Nigeria and Pakistan amongst those with the most widespread abuses of child workers.According to the ILO, there are 215 million children working throughout the world, many full-time. Of these, 115 million are exposed to hazardous forms of child labour. The index evaluates 196 countries on the prevalence,...
More »Despite gains, bulk of world’s poor live in rural areas, UN report finds
Despite the fact that over 350 million rural people have escaped poverty over the past ten years, the bulk of the world’s poor are still found in rural areas, says a new United Nations report, which calls for greater investment in agriculture and efforts to boost livelihoods. The Rural Poverty Report 2011, released today by the UN International Fund for Agricultural Development (IFAD), found an overall decline of extreme poverty –...
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