Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

Prime Minister Manmohan Singh was right when he maintained in his meeting with the media that the judiciary should not stray into the realm of policy formulation for food management. But the same plea cannot apply to the media which brought the issue of rotting of foodgrain to public attention and virtually put the government in the dock for criminal wastage of grains in its warehouses. Policy deficiencies are clearly...

Without urgent global assistance to save the upcoming wheat-planting season in Pakistan, the food security of millions in the flood-hit nation is at risk, the United Nations Food and Agriculture Organization (FAO) warned today. Severe flooding, which has affected some 18 million people in Pakistan, has inundated land half the size of Italy and wiped out much of the country’s household wheat seed stocks. Wheat-based flat bread is the main food for...

Despite growing threat to food security from global warming, India is busy acq-uiring fertile lands for industries and infrastructure. Something terrible is happening to the weather. And it is happening right across our home. From the cold desert of Ladakh to the plains of Bihar and Jharkhand, extreme weather conditions have played havoc. In neighbouring Pakistan, unprecedented floods, and that too in the arid region of Sindh, have hit more than...

Despite growing threat to food security from global warming, India is busy acq-uiring fertile lands for industries and infrastructure. Something terrible is happening to the weather. And it is happening right across our home. From the cold desert of Ladakh to the plains of Bihar and Jharkhand, extreme weather conditions have played havoc. In neighbouring Pakistan, unprecedented floods, and that too in the arid region of Sindh, have hit more than...