At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
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High food price, a crisis on our plate by Brinda Jagirdar
To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
More »Supreme Court questions viability of river linking project by Anupam Chakravartty
Directs Centre to submit detailed report on project cost and land acquisition The ambitious river linking project, connecting rivers of peninsular India with Himalayan rivers through canals, has hit a roadblock after the Supreme Court's observation that the project would burden the Union government because of escalating costs. While environmentalists and activists have welcomed the order seeking detailed report on the project's cost, the National Water Development Agency (NWDA) has commenced...
More »Climate Solutions Need Strong Decision-Making by Kanya D'Almeida
The year 2010 endured 950 natural disasters, 90 percent of which were weather-related and cost the global community well over 130 billion dollars. From wildfires in Brazil to record rainfall in the United States to the severe drought and famine in the Horn of Africa, it has become clear to many that quick and radical decisions need to be made about the world's future. One of the biggest advocates of this position...
More »Enhanced cooperation vital to protect forests from extreme weather–UN
-The United Nations Several United Nations agencies and their partners are calling for greater cooperation to tackle the threat posed to the world’s forests from extreme weather events and natural disasters. Extreme weather events that greatly impact the health of forests include cyclones, floods, landslides, tornadoes, earthquakes and volcanic eruptions – so-called “abiotic disturbances,” according to a news release issued by the UN Food and Agriculture Organization (FAO), which is among 14...
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