The Tatas pulled out of Singur; the Salims of Indonesia out of Nandigram. What is still ticking is the Jindals’ Rs-35,000-crore, 10-million-tonne steel plant at Salboni. It has the potential to churn out the first industrial success story for whoever captures power in West Bengal after May 13. Along with the steel plant, a 1,000-MW power project to is coming up. At one point, Salboni had appeared to have the makings of...
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‘High food prices, a new threat to Asia'
Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, 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 a report titled “Global Food Price Inflation and Developing Asia,” the Manila-based bank warned that a 10 per cent rise in...
More »ADB: Food prices may push millions of Asians into poverty
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...
More »Agriculture sector green house emissions decline 3 pct in India
Emissions of harmful green house gases (GHG) from the agriculture sector in India declined 3 per cent in a period of about 13 years to 2007 due to the adoption of advanced farm technologies. CHG emissions declined from 344.48 million tonnes of CO2 equivalent in 1994 to 334.41 million tonnes in 2007, according to the government data. The data has been provided by Indian Network for Climate Change Assessment (INCCA), a programme...
More »Dismal MP agri credit growth bankers show least interest by Shashikant Trivedi
After the sanctioning of education loans, the public and private sector commercial bankers have shown almost no interest in sanctioning farm loans this year. The farmers in Madhya Pradesh continue to face financial strain and have stayed away from bankers. But the bankers consider last year’s debt waiver scheme being responsible for the low agri credit flow. While state-owned cooperative bankers moved ahead in sanctioning and disbursing priority sector advances, private...
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