Weather events such as extreme temperatures and drought caused global agricultural losses of 11.4 billion dollars in 2011, while 12 million hectares of farmland are lost to land degradation every year, and unsustainable agricultural practices contribute to the emission of greenhouse gases. These and other data provided by a report released Wednesday in London by leading scientists from 13 countries raise the question of how to curb the environmental crisis, guarantee...
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The great and infuriating poverty debate-Saugato Datta
The debate over the poverty numbers in India is oddly impoverished. Judging from the vociferousness with which India’s press and English-speaking upper-middle-classes are debating the latest poverty figures, those who chide the wealthy for a lack of concern for the poor are barking up the wrong tree. And no doubt much of the breast-beating about the “absurd” poverty cutoffs and the declines in poverty (exaggerated! inadequate!) is extremely well-intentioned. Unfortunately, the...
More »Debate on poverty of poor quality, says Basu
-The Business Standard Terming the debate over poverty numbers of a poor quality, chief economic advisor in the finance ministry Kaushik Basu today said even if different yardsticks were adopted, roughly the same conclusions would be drawn on decline in the number of people below the poverty line, between 2004-05 and 2009-10, as was estimated by the Planning Commission. The decline in the number during the period was the sharpest in any...
More »ADB calls for another Green Revolution
-The Hindu Food subsidies for poorest will help them cope: ADB A hike in the cost of food staples like rice and wheat could push tens of millions more people into extreme poverty in the South Asian region including India, says an Asian Development Bank (ADB) report. The Manila-based lending agency, in its report “Food Price Escalation in South Asia – A Serious and Growing Concern” released on Monday, however, said that food...
More »India patent bypass delivers life-saving blow against cancer by Raja Murthy
India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...
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