Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....

Reading the lines that Environment Minister Jairam Ramesh delivered in the Rajya Sabha on Tuesday and between them, the message is evident. “We have been successful in defending India’s national interests,” he said. “I didn’t go to Copenhagen with the mandate of saving the world or humanity. My mandate was to defend India’s right to develop at a faster rate. For Western countries, it is an environmental issue but for...

The food price inflation in India, measured by the wholesale price index of food items, touched a 10-year high for the week ended November 28, 2009 when it crossed 19% on point-to-point basis over the corresponding week a year ago. The cereal prices were up by about 13%, but pulses are up by 42%, and vegetables by 31%, although potato prices shot up by 102%. This is getting way beyond...

CITIES MAKE one simple promise to newcomers: Sacrifice yourself to me and your children shall prosper. This promise drew Ahmed Raza, a small-time wrestler from an Uttar Pradesh village and millions like him to the capital of newly-independent India. Raza kept his part of the bargain, yet half a century later, his daughter was pushed out of the city her father helped build, the only home she has known. “I...

The United Nations agency entrusted with accelerating sustainable industrial development in poorer states today pledged to help the world’s 49 least developed countries (LDCs), 33 of them in Africa, to withstand global financial crisis. “The global financial crisis is moving many LDCs into troubled waters with heightened risk to exports, investment, credit, banking systems, budgets, the balance of payments, and remittances, and, the most vulnerable are those countries which depend...