A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...
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Trade, bank unions call mega strike on Feb 28
-The Times of India The UPA government is bracing for a mega strike on February 28, backed by trade unions cutting across party lines, in protest against rising prices, disinvestment of profit-making PSUs and violation of labour laws among other reasons. They will be joined by around 8 lakh bank employees who are protesting against reforms and outsourcing of jobs. Almost all sectors, except railways, are likely to come to a stop...
More »Small loans add up to lethal debts by Erika Kinetz
-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...
More »India polio-free for a year: ‘First time in history we’re able to put up such a map’
-The Telegraph The World Health Organisation has deleted India from its list of polio endemic countries, acknowledging the absence of any new instance of illness caused by the wild polio virus for more than a year since a child was diagnosed with the disease in Howrah in January 2011. “This is the first time in history we’re able to put up a map like this one,” Bruce Aylward, an assistant director-general for...
More »Indian echo in Gates thrust by Meghdeep Bhattacharyya
Microsoft founder Bill Gates has criticised UN agencies like the International Fund for Agricultural Development (IFAD), the Food and Agriculture Organisation (FAO) and the World Food Programme (WFP) for not doing enough to fight hunger and poverty. “Countries, food agencies and donors aren’t working together in a focused and co-ordinated way to provide the help small farmers need, when they need it,” Gates told the governing council of the IFAD in...
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