News Update

India-Australia DTAA: Economic Statecraft through TaxRBI alerts against misuse of banking channels for facilitating illegal forex tradingTime Limit to file Appeal in GST Appellate TribunalEC censures Jagan Reddy & Chandrababu Naidu for MCC violationsI-T-Interest income earned by a co-operative society on its investments held with a cooperative bank would be eligible for claim of deduction under Sec.80P(2)(d) of the Act: ITATFrance tells Xi Jinping EU needs protection from China’s cheap importsI-T- Addition cannot be made merely for reason that assessee got property transferred through registered sale without making payment to vendor: ITATUK military personnel’s data hackedI-T- Addition which is not based on the reasons for reopening is un-sustainable sans notice u/s 148 of the ACT: ITATOxygen valve malfunction delays launch of Boeing’s first crewed spacecraftI-T- Re-assessment need not be resorted to, where no income has escaped assessment or where no evidence is put forth to establish escapement of income: ITATPulitzer prize goes to Reuters & NYTFM administers Oath to Justice Sanjaya Kumar Mishra as first President of GST TribunalDutch, Belgian students join Gaza sit-ins by US Univ studentsI-T- Penalty imposed u/s 271(1)(c) are not sustainable where additions based on which penalty was imposed, are themselves set aside : ITATGhana agrees to activate UPI links in 6 monthsECI calls for ethical use of social media platforms by political partiesCus - Technological innovation and advancements would result in obsolescence of raw materials imported duty free - Destruction of such imports allowed after intimation to Customs authority: CESTATED seizes about 20 kg gold from locker of a cyber scammer in HaryanaMinistry of Tourism participates in Arabian Travel Mart 2024 in DubaiST - No evidence has been adduced to negate the specific findings of adjudicating authority holding that the service tax on all these expenses, by including same in gross transaction value has been discharged by assessee: CESTATICG detains Iranian boat, with six Indians onboard, off Kerala coastCX - As assessee is able to prove that all the items in question have been used in fabrication of structures for installation of capital goods which were ultimately used in manufacture of their final product, CENVAT Credit is allowed to assessee: CESTAT
 
Achieving crop biodiversity is key to feed 9 bn world population by 2050: FAO Study

By TIOL News Service

NEW YORK, FEB 02, 2014: SEEKING to ensure that the world can feed a fast growing population, expected to exceed 9 billion by 2050, the United Nations has published voluntary international standards to improve conservation of the crops that are crucial to food security by preserving biodiversity in gene banks and in the field.

"As the world’s population grows and continues to face a wide range of climate, environmental and other challenges, maintaining a healthy variety of seeds and other plant genetic resources for the benefit of people in all countries will be essential to keeping agricultural and food systems sustainable and resilient, generation after generation," UN Food and Agriculture Organization (FAO) Assistant Director-General Ren Wang said.

The FAO publication, Genebank Standards for Plant Genetic Resources for Food and Agriculture, outlines voluntary, international standards for the many repositories – or genebanks - around the world that store seeds and other materials used to reproduce plants, as well as for living plants in the field.

More than 7 million samples of seeds, tissues and other plant-propagating materials from food crops, along with their wild relatives, are safeguarded in about 1,750 genebanks.

"Plant genetic resources are a strategic resource at the heart of sustainable crop production," Mr. Ren writes in a foreword. "Their efficient conservation and use is critical to safeguard food and nutrition security, now and in the future. Meeting this challenge will require a continued stream of improved crops and varieties adapted to particular agro-ecosystem conditions.

"The loss of genetic diversity reduces the options for sustainably managing resilient agriculture, in the face of adverse environments, and rapidly fluctuating meteorological conditions."

The standards are designed to guide users in implementing the most appropriate technologies and procedures for the collection, conservation and documentation of crop diversity. Their wide application also supports research that could stem the loss of biodiversity and boost sustainability in agriculture, both necessary for feeding the world’s burgeoning population.

"Genebanks help bridge the past and the future by ensuring the continued availability of plant genetic resources for research and for breeding new varieties that meet the consumers’ continually evolving needs and a changing climate," said Linda Collette, Secretary of FAO’s Intergovernmental Commission on Genetic Resources for Food and Agriculture.

"They help us to conserve plant genetic resources and to improve them; they also help countries to share and exchange genetic resources with each other."

The standards address a wide range of issues, including techniques for collecting samples; consistent labelling; protection from fungi, bacteria, pests and physical stress factors; viability and genetic integrity testing; and, developing strategies for the rapid multiplication of samples for distribution.

The world’s genebanks differ greatly in the size of their collections and the human and financial resources at their disposal. The Standards will help genebank managers strike a balance between scientific objectives, resources available, and the objective conditions under which they work, FAO says.

"Genebanks play a key role in the conservation, availability and use of a wide range of plant genetic diversity for crop improvement for food and nutrition security," the publication stresses in its preface. "An efficient management of genebanks through application of standards and procedures is essential for the conservation and sustainable use of plant genetic resources."

FAO experts consulted with a wide range of partners, including those at the Consultative Group on International Agricultural Research (CGIAR), a global partnership whose research is carried out at 15 centres worldwide, in particular Bioversity International; genebank managers; relevant academic and research institutions; and national focal points for plant genetic resources for food and agriculture.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.