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Indian farmers converge on Delhi to protest agricultural deregulation


For more than two months, farmers in India have camped just outside the capital, Delhi, demanding the repeal of new laws that deregulate agriculture, which directly employs near half the country’s 1.3 billion people. Special correspondent Fred de Sam Lazaro reports in partnership with the Under-Told Stories Project as part of his series, Agents for Change.”
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India celebrates Republic Day tomorrow, a holiday observed with elaborate military parades.
This year, hundreds of thousands of protesting farmers are planning their own tractor parades. For months, they have camped just outside the capital, Delhi, demanding the repeal of new laws that deregulate agriculture, which directly employs near half of the country s 1.3 billion people. ....

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KCSM Newsline October 7, 2010



wen said a rapid revaluation would force many chinese exporters out of business and migrant workers to return to their villages, causing social turmoil. the eu has stepped up calls for china to allow the yuan to appreciate, arguing that its exchange rate is being kept too low. wen pointed out, however, that china has helped european countries saddled with fiscal deficits. meanwhile, in washington u.s. treasury secretary timothy geithner has urged emerging economies to be more flexible in their foreign exchange policies. geithner made the remark in a speech on wednesday that came just before the weekend meetings of the group of seven nations. the international monetary fund and the world bank. we believe it s very important to see more progress by the major emerging economies to more flexible market-oriented exchange rate systems. this is particularly important for those countries whose currencies are significantly undervalued. geithner didn t specify it was china ....

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