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Agricultural growth remains central to poverty reduction, says report

One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...

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Indian firms find Africa fertile ground for contract farming by Utpal Bhaskar and Shauvik Ghosh

State-owned trading firm MMTC Ltd, the Indian Farmers Fertiliser Cooperative (Iffco) and the conglomerate Bharti Enterprises plan to join the growing number of Indian entities engaged in commercial farming in Africa. Cheap land and labour costs in Africa are attracting a number of Indian firms with interest in agriculture. A large number of people in East African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetables, sugarcane,...

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Apec nations aim to boost farm produce

ASIa Pacific nations agreed on Sunday to boost the region’s agricultural productivity through technology transfer and information sharing as climate change and a fall in arable land threaten future food supplies. The 21-member countries of the ASIa Pacific Economic Cooperation (Apec) also called for “responsible” agricultural investment as rising acquisition of farmland in developing countries by other nations to ensure their own food supplies is causing friction with local people. “Climate change...

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The 'kuchh to kiya' factor by Rukmini Shrinivasan

Every answer to question on Nitish Kumar's performance in the last five years as Bihar's chief minister begins with the phrase, ''Kam se kam itna toh kiya hai... (at the very least, he has done this...).''   By any index of growth and development, Nitish's five-year reign has unleashed no miracles. With 54.4% of its population under the Tendulkar Committee's revised poverty line, Bihar is India's poorest state and its health indicators...

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Posco paid for study on Posco by Priscilla Jebaraj

Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...

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