ZAVOORA, India (AlertNet) – Amid thousands of tree stumps stretching over almost 60 hectares (150 acres) of bare plateau, there are signs of life. Delicate saplings of kail and deodar conifers are growing between other newly planted deciduous trees. The woodland had been cut down illegally by loggers and encroached upon for farming. But forestry officials here in Shopian district, a two-hour drive south of Srinagar, the summer capital of India’s...
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UN expert warns of global public health disaster caused by unhealthy foods
-The United Nations Globalized food systems and the spread of Western lifestyles has spawned an international public health disaster with over a billion people suffering from undernourishment while another billion remain overweight or obese, an independent United Nations expert warned today. “Our food systems create sick people,” said Olivier De Schutter, the UN Special Rapporteur on the right to food, as he presented his latest report to the UN Human Rights Council...
More »Government subsidy burden at 10-year high
-IANS The Indian government's subsidy burden is expected to reach 2.5 percent of the country's gross domestic product (GDP) for the fiscal ending March 31, the highest in 10 years, due to higher price of crude oil and other commodities, a report showed Tuesday. The total subsidy is expected to increase to Rs.2,23,000 crore in the current financial year, which is 2.5 percent of GDP at the current market price which is...
More »Steep petrol price hike in the offing?
-The Times of India With elections in five states out of the way, the government-run fuel retailers on Monday ratcheted up their demand for an increase in petrol prices by as much as Rs 5 a litre. The demand could leave the government with a political cleft stick, coming on the day Congress received a severe drubbing in the assembly polls. Piling losses of state-run firms appear to leave little choice for...
More »Small farmers still excluded from formal financial channels
-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
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