Livelihoods News

CRISIL thinks that lower cotton production is expected to shrink India’s cotton stock to a two-year low of 1.2 months by the end of CS 2019.

Ratings agency CRISILNSE -1.28 % expects the operating margins of domestic cotton yarn spinners to shrink 100-150 basis points (bps) in fiscal 2020 amid lower cotton output, rising cotton prices and moderating demand, reversing the recovery seen the previous fiscal.

The seafood industry feels the need for sustainable aquaculture to counter setbacks and increase production.

Shrimp production in the country, after showing a consistent growth in the last decade, is likely to drop by 10 to 15% this year as low prices and fear of spread of diseases among shrimps have forced aquaculture farmers to cut production in the farms.

The Ganjam District Disaster Response Forum (GDRF), a joint front of 47 NGOs, continues to be a major relief force during natural calamities,like the recent cyclone Fani, in this district of Odisha.

The setting up of more than 50 biogas plants in 10 tribal hamlets in Gudalur and Pandalur taluks by the Airbus Foundation has succeeded in saving forest cover, reducing greenhouse gas emissions, and providing livelihood to some of the most impoverished primitive tribal groups in the Nilgiris.

Kochi: A group of paddy farmers in Kerala has taken the initiative to form an association linking with compatriots in other southern states to provide marketing support and ensure fair price for their produce by eliminating middlemen.

The Cyclone Fani in South East Bay of Bengal is expected to intensify into a severe cyclonic storm by this noon. India Meteorology Department said it will further intensify into a very severe cyclonic storm by tomorrow morning. It is moving in a north westwards direction at a speed of 21 kilometres per hour.

Puducherry is expected to get heavy rain during the next few days due to a low pressure area over Bay of Bengal which could transform into a cyclone Fani.

Territorial Chief Minister V Narayanasamy held discussions with officials of various departments, including Revenue and Disaster Management, along with his ministerial colleagues, after the sounding of the alert.

Finance Minister Arun Jaitley had recently stated that there will be no extreme poverty in India by 2031 on account of economic expansion.

Experts from the UK and India have concluded that harnessing smart phone technology which could help Indian farmers not only make better business decisions but also tackle the sustainable cooling challenges being faced by the country.

Two things come to mind for Ceyla Pazarbasioglu when she thinks of financial inclusion. First is the core mission of the World Bank, where she has been vice-president for equitable growth, finance and institutions since October of last year. “You step in the main entrance here and it says, ‘Our dream is a world free of poverty.’ That’s the first thing that hits you. And I really think we’re not going to eradicate poverty unless we have financial inclusion,” she says.

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