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Green Revolution's diet of big carbon savings by Richard Black

The revolution of the 1960s saved decades worth of greenhouse gas emissions. The Green Revolution of the 1960s raised crop yields and cut hunger — and also saved decades worth of greenhouse gas emissions, a study concludes. U.S. researchers found cumulative global emissions since 1850 would have been one third as much again without the Green Revolution's higher yields. Although modern farming uses more energy and chemicals, much less land needs...

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World Bank loan to boost Indian microfinance

The government on Tuesday approved a a proposal to draw a loan of $100 million (about Rs 450 crore) from the World Bank to promote microfinance in the country. The Cabinet Committee on Economic Affairs (CCEA) cleared the proposal for on-lending to the Small Industries Development Bank of India (Sidbi), which -- in turn -- would disburse the funds to the microfinance sector. “The fund will be used to promote responsible and...

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Nagaland has over 9,000 child labourers: Survey

Over 9000 child labourers throughout 11 district headquarters of Nagaland work in various sectors for about 16 hours a day without proper accommodation, food and education. According to a survey conducted by the Nagaland government’s Labour Department, the report was revealed by Joint Labour Commissioner of Nagaland Er Nungshiyanger Aier during a programme held at Dimapur to mark the ‘World Day against Child Labour’ yesterday. He greeted the youth volunteers for taking...

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People-friendly growth by BG Verghese

The Supreme Court on May 7 ruled that natural resources were national assets that belonged to the people and were ideally exploited by public sector undertakings. This obviously implies that local communities, including tribals, living on mineralised land, enjoy entitlements but not prescriptive ownership rights to such national assets. This is an important reiterative clarification defining mineral rights in Fifth Schedule areas that are currently in contention. Whether PSUs should...

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Not by price alone

The Centre's decision to raise the minimum support price (MSP) sharply for pulses, moderately for coarse cereals and oil seeds, and not at all for rice and cotton (the nominal hike for rice merely rolls in the bonus offered last year) is right, in the conventional sense. The signal against increasing acreage for rice this kharif is sound, given the huge stocks with the government. The signalling is right, too,...

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