-The Economic Times India's GDP growth has almost halved from 9.2% in 2010-11 to 5% in 2012-12. Major problems include a high current account deficit, high fiscal deficit, and lack of bank credit for small and medium enterprises. All three problems can be mitigated substantially by one single measure - reducing excess food stocks. So say Ashok Gulati and Surabhi Jain, chairman and joint director respectively of the Commission for Agricultural...
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Training 500 mn people by 2022 unrealistic: Govt think-tank IAMR -Vikas Dhoot
-The Economic Times NEW DELHI: The Manmohan Singh government's target of skilling 500 million people by 2022 is grossly inflated and is based on a speech by late management guru CK Prahalad instead of any demographic analysis. The country would actually need only about half that number of trained manpower by then, the government's own think-tank, the Institute of Applied Manpower Research (IAMR), has said in a research paper. The IAMR, housed under...
More »Up to 50% of food is wasted globally: British MPs -Kounteya Sinha
-The Times of India LONDON: Food wastage is monumental globally, with 30 and 50% of food produced in the world (1.2-2 billion tonnes) is wasted. British MPs on the International Development Committee placed the country's most exhaustive assessment of food security in parliament on Tuesday and has thrown up some seriously worrying findings. They fear that food wastage globally could be as high as 50%. Valuable resources of land, energy, fertiliser and water...
More »India to have 348 million internet users by 2017: Cisco
-PTI NEW DELHI: India has the fastest internet traffic growth globally and is expected to have 348 million users by 2017, a study by networking giant Cisco said. According to Cisco's Visuals Networking Index (VNI) forecast (2012-17), internet traffic in India will reach 2.5 exabytes per month in 2017, up from 393 petabytes per month in 2012. One exabyte equals 1 million terabytes. "In India, there will be 348 million internet users in...
More »Junk food hurting world economy, UN warns
-AFP ROME: The UN's food agency on Tuesday said obesity and poor nutrition weigh heavily on the global economy and told governments that investing in food health would bring big economic as well as social returns. Lost productivity and spiralling health care bills linked to malnutrition "could account for as much as five per cent of global gross domestic product (GDP)," equivalent to $3.5 trillion (2.6 trillion euros) a year, the Food...
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