-IPS News UNITED NATIONS- When the U.N.'s Millennium Development Goals (MDGs) reach their deadline in 2015, there will still be a critical setback: millions of people in the developing world without full access to safe drinking water, proper sanitation and electricity in their homes. Conscious of this shortcoming, the 193-member General Assembly hosted a two-day high-level meeting, which concluded Wednesday, to address three thematic issues: water, sanitation and sustainable energy, specifically in...
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After Farmers Commit Suicide, Debts Fall on Families in India -Ellen Barry
-The New York Times BOLLIKUNTA, India - Latha Reddy Musukula was making tea on a recent morning when she spotted the money lenders walking down the dirt path toward her house. They came in a phalanx of 15 men, by her estimate. She knew their faces, because they had walked down the path before. After each visit, her husband, a farmer named Veera Reddy, sank deeper into silence, frozen by some terror...
More »Checking a claim
-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural Gross Domestic Product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...
More »Vote-on-account not to disappoint on fiscal deficit-Vrishti Beniwal
-The Business Standard Chidambaram may announce higher fund allocation for the social sector, with focus on education, food, women and rural masses In his last Budget speech as finance minister in the UPA-II government, P Chidambaram will have a lot to say on Monday but much of it is likely to be high on intent and low on content. Ahead of the Lok Sabha elections, interim Budget 2014-15 is likely to be...
More »Government Cuts Plan Spending by Rs 79, 790 Crore
-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...
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