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Compiled from dispatches
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The Group of Eight rich nations and the G5 of emerging economies were among 40 nations and organizations represented at a three-day summit to discuss recession, climate change, trade and food security.

Below is a comparison between aims going in to the meeting and the results achieved.

EMISSIONS CUTS

Leaders from rich nations at the G8 summit in Italy will commit $15 billion over three years to spur agricultural investment in poorer countries and combat hunger, a final draft statement seen by Reuters said.

President Obama has enlisted the world

A plan by G8 industrial countries to boost food security through increased farming investment is important and timely, and should not only focus on production but also on addressing hunger and malnutrition, World Bank President Robert Zoellick said on Tuesday.

The United States wants a G8 summit this week to commit $15 billion over several years for agricultural development in poor countries to fight food insecurity, according to a draft declaration seen by Reuters.

The declaration said Washington was ready to mobilize $3-4 billion and wanted other partners to match that commitment to reach the $15 billion target.

Rajat Roy / Kolkata July 09, 2009, 0:30 IST

The much-awaited announcement in the Union Budget 2009-10 to ensure entitlement of 25 kg rice or wheat per month at Rs 3 per kg to every family living below the poverty line (BPL) in rural and urban areas, has raised more questions than it sought to answer.

Ahead Of G-8 Summit, Manmohan Says Protectionism Will Only Make Matters Worse
Diwakar | TNN

Rome: Prime Minister Manmohan Singh arrived in Rome on Tuesday evening ahead of the G-8 summit in L

Deficient rainfall in many parts of the country has started showing stress on the progress of sowing of kharif crops. As of the first week of July, the sowing of paddy, the major food grain crop of the season, was down by about 25 per cent compared to last year, according to latest figures released by the Ministry of Agriculture. Sowing of oilseeds was down by almost 50 per cent.

Pulin B. Nayak

FINANCE MINISTER Pranab Mukherjee

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