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...

IN THE ‘environment versus development’ debate, Prime Minister Manmohan Singh opted to take the middle path. Addressing environmental concerns was important but it cannot be at the cost of perpetuating poverty, he said. Lest pro-industry groups mistake his stance as undiluted support, Mr Singh stressed that environmental concerns are “here to stay.” If the Greens felt that their writ would run, they too were to be disappointed. He has made...

IN A remote corner of Bahia state, in north-eastern Brazil, a vast new farm is springing out of the dry bush. Thirty years ago eucalyptus and pine were planted in this part of the cerrado (Brazil’s savannah). Native shrubs later reclaimed some of it. Now every field tells the story of a transformation. Some have been cut to a litter of tree stumps and scrub; on others, charcoal-makers have moved...

The government is planning to put in place a more transparent mining policy by designating parts of mineral-rich regions as out of bounds for industry because of environmental concerns, a move that can avoid episodes such as the recent ban on mining at Niyamgiri in Orissa but could hurt expansion plans of companies located in such areas. The plan is to divide the country’s mineral-rich regions into so-called ‘go’ and...

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...