Urging the developed countries to fulfil the obligation of providing the developing nations with $30 billion, the BASIC group of countries, formed by Brazil, South Africa, India and China, today said this fast-start financing should be made available as soon as possible in a transparent manner.

The fund was promised for 2012 at last year

Ananth Krishnan

BEIJING: Financial assistance from developed countries for projects to combat climate change in the developing world has emerged as a key sticking point at the climate meet in Tianjin, which is the last round of negotiations before the year-end Cancun conference.

Negotiators from India, China and other developing nations have called on the West to step up commitments with p

Priority Tag & 18% Mandatory Crop Loans To Ensure Smooth Flow Of Credit To Agriculture Sector

THE government has cut interest subsidy offered to banks for providing short-term loans to farmers at low rates, a move that will affect the profitability of the lenders further after a recent increase in deposit rates.

The decision, however, will not impact the flow of credit to the farm se

In a new report, a blue-ribbon panel decries India's systemic failure to capitalize on basic research findings. The report, released last week by Prime Minister Manmohan Singh, offers a stinging indictment of India's scientific frailties, noting that science here is "severely hampered by oppressive bureaucratic practices and inflexible administrative and financial controls." Titled India as a Global Leader in Science, the "vision document" also offers a blueprint for strengthening Indian science—one that will require heaps of money to implement.

The policy on agricultural credit in India has been guided mainly by the considerations of ensuring an adequate and timely availability of credit at reasonable rates through the expansion of the institutional framework, its outreach and scale as also by way of directed lending.

The document illustrates the impact of UNDP-Planning Commission partnership in mainstreaming human development in government policies and planning. It also highlights successful strategies and constraints reported by the states in achieving sustainable human development.

High economic growth coupled with rapid urbanization and a rising middle class have created considerable demand for housing and housing finance in South Asia. More than 14% of low-income families in the region have no home. While housing and housing finance markets have grown at a rate of 30%, it is the upper-income families that benefitted the most.

Biodiversity and ecosystems are crucial for understanding how the world's natural capital is linked to financial markets. This CEO Briefing underscores the critical natural capital that underpins our economic activity and financial capital. As the finance sector we need to ensure that we operationalise this thinking in the management of investment and lending activities.

Financial development enhances domestic resource mobilisation and also allows these resources to the most productive uses. While there is little doubt that financial development leads to higher economic growth which may then lead to poverty reduction, financial development in itself will allow developing countries to achieve the Millennium Development Goals (MDGs).

This paper examines some of the key technical, institutional, policy and financial responses required to achieve the transformation to 'climate-smart' agriculture.

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