-The Hindu Environmental activist Vandana Shiva says the real motives behind GMOs are the patents and royalties that come with it Two things happened in 1984, begins environmental activist Vandana Shiva. One was Operation Blue star and the second, the riots following the assassination of the Prime Minister Indira Gandhi. "Something happened before Operation Blue Star and that story doesn't get told, that is the story of the Green Revolution," said Shiva,...
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Monthly WPI inflation stood at 4.68% in February
-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...
More »Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »Who foots the huge dole for business? -Latha Jishnu
-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
More »Sowing a loss -Pratik Kanjilal
-The Financial Express The urgent need to end world hunger appears to have promoted superfood crops at the expense of nutritional diversity Finally, we know why India is facing a spurt in diet-linked lifestyle disorders while it continues to struggle to feed the hungry. The paradox is seen in several developing economies, the answer is easily hazarded but now, for the first time, a formal study by the International Centre for Tropical...
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