A common incidence of rotting food grains has been reported in India and the Philippines even as millions are starving. The problem has to be tackled with dexterity at both the domestic and regional levels to curb this alarming wastage of food that contributes to food insecurity at large. RECENT NEWS reports from the Philippines and India interestingly surfaced with one common problem -- rotting food grains in both countries, even...

India has long been simultaneously a country of enormous wealth and desperate poverty. In recent decades, the distance has only grown between those who enjoy living standards comparable to the finest in the world, and the millions left far behind. Even as Indians crowd the lists of the world’s richest dollar billionaires, an estimated 200 million people sleep hungry. Half our children are malnourished and nearly a fifth severely so....

Banks will have to put in place a mechanism to verify that microfinance institutes (MFI) they finance do not charge exorbitant rates to the final borrowers. The finance ministry has asked banks to ensure that MFIs, whom banks are financing, do not lend at rates more than 24% — all inclusive rates — to the ultimate borrowers. Some banks have recently inserted a clause while lending to MFIs that they...

The Punjab government today decided to pay to the farmers the productivity bonus in lieu of the electricity bills paid by them for running agriculture pump sets. The decision was taken at a cabinet meeting chaired by Chief Minister Parkash Singh Badal. The amount equal to the electricity bills paid by the farmers would be given to them as productivity bonus, an official spokesman said here. This decision has been...

Despite various programmes initiated by the United Progressive Alliance (UPA) government to improve the status of agriculture, famers' leaders strongly feel that not enough has been done and large numbers of farmers remain heavily in debt. 'Various flagship programmes by the UPA government, which started after 2004, have not proved helpful for farmers. Their economic policies are putting an adverse impact on agriculture sector but still nobody is bothered about it,'...