As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way.   The rising spree...

A new round of UN climate talks opened in north China's Tianjin Municipality on Monday, which is expected to pave the way for the year-end Cancun summit in Mexico. About 3,000 delegates from party and observer countries under the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol are attending the meeting on Oct. 4-9. They are expected to discuss the negotiating text reached at the Bonn talks in...

Soon, the National Food Security Act  will become law. The ruling United Progressive Alliance flagship social security programme of providing every Below the Poverty Line (BPL) family with 25 kg of rice or wheat at Rs 3 per kg per month is a welcome step to alleviate some of the human trauma that haunts the poor in our country. The government also hopes that the Act will secure freedom from...

India and China Two largest populated countries of the world and next door neighbors; though greatly different in their cultures, lifestyles and most important pace of growth. Maintaining an edge over India in the manufacturing sector and urban infrastructure development, China is also not lagging behind in the rural development sector. China feeds 21% of the world population with only 9% of the world arable land. The 2nd largest populated country has to...

Latin America, the poster child of bad economic policy in the 1980s and early 1990s, is leading the way in one rapidly evolving area of social development: conditional cash transfer (CCT) programmes. These schemes provide cash payments to poor households that meet certain behavioural requirements, generally related to children’s healthcare and education. The idea here is to support minimal levels of consumption through income transfers, while encouraging long-term human development. The...