South Asia continues to have the largest concentrations of poor rural populations despite the fact that the wider Asia-Pacific region has made major strides in combating poverty, a United Nations agency said today, stressing that agriculture is key to poverty alleviation. The study by the UN International Fund for Agricultural Development (IFAD), entitled Agriculture – Pathways to Prosperity in Asia and the Pacific, shows that rural poverty rates have dropped only...

As the World Bank and International Monetary Fund convene for their annual Spring Meetings here, soaring food prices are high on the agenda, prompting some analysts to fast-forward to 2050 and the question of how to nourish the mid-century's estimated world population of 8.9 billion people – the majority of whom will live in developing countries. "More poor people are suffering and more people could become poor because of high and...

The draft bill seeks to create an institution that will be independent of those it seeks to police, and will have powers to investigate and prosecute all public servants, and others found guilty of corrupting them. A number of commentators have raised issues about the provisions in the draft of the Jan Lokpal Bill. They have asked whether it would be an effective instrument to check corruption. They have pointed to...

According Maharashtra agriculture department estimates, soyabean is no longer the prime favourite in India's second largest producer as farmers shift to cotton. That could be a setback for India's attempts to become more self-sufficient in cooking oil, which is the second largest import item after crude oil. "Due to good price realisation for cotton this year, area conversion from soya to cotton is most likely to happen. It is too...

In early April, the government was sitting on a pile of 44 mt of wheat and rice, more than double of what is required for maintaining the buffer stock Every three or four years, India witnesses a boom-and-bust cycle in agriculture. In the trough, prices hot up and imports of foodgrains become necessary. At the crest, all that is forgotten, there is talk of exports and life moves on. Any thought...