Poor families may find it tough to pay for medical care, children's education “Recent gains in poverty reduction made in Asia will be undermined” Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of 2011, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In...
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Food prices may push millions of Asians into poverty: ADB
Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...
More »Confusion over RTI persists by Ruhi Kandhari
Do PPP ventures come under RTI Act? Planning Commission says not its call THE Planning Commission of India has disowned any responsibility for bringing companies involved in public-private partnership (PPP) projects under the Right to Information (RTI) Act. The Commission said individual ministries which have tied up with private companies are responsible for these projects. There were several RTI applications filed seeking information on PPPs but the RTI Act is not...
More »MNC may need govt nod to buy local pharma firm by Khomba Singh
The government may approve acquisitions of local drugmakers by global firms on a case-by-case basis on certain conditions to ensure availability of medicines at affordable prices, despite calls for restrictions on such deals in the wake of a spate of takeovers in the last three years. Multinationals may have to move buyout proposals through the Foreign Investment Promotion Board (FIPB), allowing the government to understand the firm's rationale for buying a...
More »Double fortified salt mandatory in midday meal by Aarti Dhar
Government to promote its use to tackle anaemia Food Department to examine the possibility of supplying DFS through PDS Ministries of Women and Child Development and Health to launch media campaign The Union government will promote the use of iron fortified iodised salt (double fortified salt) to battle anaemia, one of the major causes of malnutrition, particularly among women and children. To begin with, the Ministries dealing with food and nutrition programmes such as...
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