-The Economic Times The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone. But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...
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Cooperatives central to fighting hunger, stresses UN agency
-The United Nations Cooperatives and producer organizations will be increasingly important in efforts to eliminate hunger and reduce poverty, the head of the United Nations Food and Agriculture Organization (FAO) said today. “FAO needs strong cooperatives and producer organizations as key partners in the effort to eliminate hunger for some 925 million people, and to respond to the many challenges that face our world today,” said Director-General José Graziano da Silva. He told...
More »Rise of livestock by Richard Mahapatra
Agriculture sector undergoes a historic change as livestock surpasses the economy of food grain Policy makers in India are finally acknowledging a structural shift in the agriculture sector they have been noticing for a decade. Economic contribution of livestock is today more than that of food grain crops. Traditionally, of the three components of the sector—crops, livestock and fisheries—crops drove the growth, and food grains are a major part of it....
More »Every third malnourished child is an Indian: report
-CNN-IBN Prime Minister Manmohan Singh released the first-ever citizens' report on child malnutrition in the national capital on Tuesday. "The problem of malnutrition is a national shame," the Prime Minister said. The statistics in the HUNGaMA (Hunger and Malnutrition) report say that every third malnourished child on the planet is an Indian. The report, on the survey conducted by Naandi Foundation, has been made at the insistence of the Citizens' Alliance against...
More »Lopsided growth by Venkitesh Ramakrishnan
U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...
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