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Bihar signs pact with World Bank to help flood victims by Shoumojit Banerjee

In a step to alleviate the plight of millions of people affected by the 2008 Kosi floods, the Bihar government on Wednesday signed a $220-million agreement with the World Bank. The government will chip in with $39 million for the $259-million Bihar Kosi Flood Recovery Project aimed at supporting the State's recovery efforts, reducing risks of flooding and boosting emergency responses in the event of future disasters. At a function here, World...

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Heat shield for wheat, rice and fish by GS Mudur

The Cabinet Committee on Economic Affairs today approved a plan by the Indian Council of Agricultural Research to prepare the nation’s crops, livestock and fisheries for rising temperatures and other impacts of climate change. The National Initiative on Climate Resilient Agriculture will receive Rs 350 crore for multiple projects — from developing heat-tolerant rice and wheat to tracking the spawning behaviour of marine and freshwater fish amid rising temperatures. The programme will...

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Obama Visit and Indian Agriculture: Profit Surge for American MNCs and Peril for Indian Farmers! by Vijoo Krishnan

A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...

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Flood situation still grim in northern India

Fresh reports of the possibility of a breach in the Tajewala barrage have created panic among the people in the low-lying areas. If there is a breach in the barrage then the national capital could face another serious flood-like situation. The reports of a possible breach have come after more than 2.5 lakh cusecs of water had been released from the Hathnikund Barrage in Haryana on Monday, which resulted in many...

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World Bank okays $220 mn for Kosi flood rebuilding

The World Bank has approved a $220 million credit to support rebuilding efforts in areas affected by the devastating Kosi floods in Bihar. The Bihar Kosi Flood Recovery Project will finance flood recovery efforts through the reconstruction of about 100,000 houses, 90 bridges and 290 kilometres of rural roads, the World Bank said in a statement. It also aims to reduce future oriented risks by strengthening flood management capacity, restoring livelihoods...

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