The World Bank has agreed to provide USD 900 million financial aid to Pakistan which has been hit by devastating floods affecting 14 million people and leading to crop loss estimated at USD 1 billion. "The Government of Pakistan has requested around USD 900 million of financial support from the World Bank, which we have committed to provide," the World Bank said in statement. The current floods have claimed over 1700 lives...
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Plan panel mulls cess on groundwater usage by Priyadarshi Siddhanta
In its action plan on water security, the Planning Commission will likely recommend a cess on the use of groundwater. The quantum of cess will be state-specific and will depend on the volume of water used by farmers. Mihir Shah, Member, Planning Commission, told The Indian Express that the proposed action plan would encompass creating a new legal and institutional framework with a clear focus on sustainability and equity. “It will...
More »Can Organic Farming "Feed the World"? by Christos Vasilikiotis
The legacy of Industrial Agriculture With the world population passing the 6 billion mark last October, the debate over our ability to sustain a fast growing population is heating up. Biotechnology advocates in particular are becoming very vocal in their claim that there is no alternative to using genetically modified crops in agriculture if "we want to feed the world". Actually, that quote might be true. It depends what they mean...
More »60% of Bihar reeling under drought
With more than 60% of Bihar reeling under drought-like conditions and the state recording 20% rainfall deficit, the government is set to declare over two dozen districts drought-hit, officials said on Monday. "The state cabinet in its meeting Tuesday will formally declare more than two dozen districts drought hit," said an official of the state disaster management department. Vayasji, principal secretary of disaster management department, told IANS that the drought...
More »Blueprint for farm growth by Mohan Dharia
Acting with determination and firm action, it should be possible for India to step up its agricultural growth rate to 10 per cent. The 11th Five Year Plan seeks to achieve 4 per cent growth rate in agriculture by the end of the Plan period. The Planning Commission is working towards an overall 9 per cent to 10 per cent growth rate. But the target of 4 per cent growth rate is...
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