Without fertilisers, said Normal Borlaug, the world would need two billion people to volunteer to just disappear.  Obviously, it makes sense to increase the supply of fertilisers rather than to look for those volunteers. Sense, however, is in short supply in India’s fertiliser policy , and we have a supply shortage of the stuff. The domestic price of fertiliser has been static since 2002 and the domestic industry has seen...

The government is likely to increase the plan allocation for government schemes by 15 per cent to Rs 3.73 lakh crore during 2010-11. Finance minister Pranab Mukherjee and Planning Commission deputy chairman Montek Singh Ahluwalia today held discussions on plan allocations amid demand for higher support from various ministries. Sources in the North Block said the finance ministry could agree to allocate a modest Rs 3.73 lakh crore of the gross budgetary...

The aftershock of the global financial crisis threatens to deprive millions of children in the world’s poorest countries of an education, the 2010 Education for All Global Monitoring Report warns. With 72 million children still out of school, a combination of slower economic growth, rising poverty and budget pressures could erode the gains of the past decade. “While rich countries nurture their economic recovery, many poor countries face the imminent prospect...

The Planning Commission, the country’s apex planning body, is gradually reconciling to the fact that there would be no large gains in the gross budgetary support (GBS) in budget 2010-11, as the government struggles to reduce fiscal deficit. GBS is the money the Union government allocates to various government programmes through the Union budget. “The major objective of the finance ministry is to bring down the fiscal deficit from 6.8% of...

The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...