-Business Standard Export to Iran might hit a record high Lifting of global economic sanctions on Iran could, it is hoped in the trade, enable a new record for basmati rice export to that country from here in 2015-16. Iran is also expected to cut import duty on Indian basmati from 40 per cent now to 20 per cent from the new season, starting October. Our basmati export was a record 1.44 million...
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Why poverty is development’s best friend -G Sampath
-The Hindu The ‘development’ discourse serves the same purpose as the colonial apparatus but without the bad press. After 67 years of failing to eliminate deprivation in India, is it time to look for new ideas? The Socio-Economic and Caste Census (SECC) 2011, which hit the headlines earlier this month, tells us that half the households in rural India are landless, dependant on casual manual labour, and live in deprivation. By suggesting...
More »Fund to fight climate change will be routed via Nabard -Vishwa Mohan
-The Times of India NEW DELHI: National Bank for Agriculture and Rural Development (Nabard) on Thursday got an accreditation from the Green Climate Fund (GCF) - a global multilateral fund that is meant to assist developing and poor countries in taking up their respective mitigation and adaptation measures to fight climate change. Accreditation to the Nabard, means that the national financial institution will act as a channel through which the GCF will...
More »New United Nations development goals will drive nations ‘nuts': NITI Aayog’s Bibek Debroy
-Reuters Bibek Debroy, an Indian economist and member of a key government panel which formulates policy on social issues slammed the United Nations’ new development goals on Tuesday, saying that having so many goals and targets would drive governments “nuts”. World leaders are due to adopt a set of new development objectives in September, to replace eight expiring U.N. Millennium Development Goals (MDGs). These will include objectives like ending poverty, reducing child...
More »MDG report: India on track in reducing poverty -TCA Sharad Raghavan
-The Hindu ‘But it still remains home to one quarter of global underfed population’ India has halved its incidence of extreme poverty, from 49.4 per cent in 1994 to 24.7 per cent in 2011, ahead of the 2015 deadline set by the U.N,, shows the Millennium Development Goals (MDG) Report, 2015, released on Tuesday. The report set the limit for extreme poverty as those living on $1.25 or less a day. The reduction...
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