Change is the great constant of the world economy. India was still a colony when the allied powers shaped the international architecture at the end of World War Two. Today, India is a rising economic power that is contributing to world growth in new and powerful ways. Economic reforms in India and China, and the export-driven growth strategies of East Asia all contributed in the last 20 years to a world...

It was to be a somber memorial, a remembrance of those who perished in a lethal milky fog. To mark the 25th anniversary of the world's worst industrial disaster, authorities planned to open up the now-dilapidated shell of the Union Carbide Fertilizer plant, where in the wee hours of December 3, 1984, 40 tons of methyl isocyanate gas oozed out onto the sleeping city of Bhopal, India. About 4,000 people died instantly...

HAS GREEN REVOLUTION FAILED INDIA'S POOR? Green Revolution Vs Rain-fed Farming OVERVIEW: Of late India’s fabled Green Revolution has come under severe attack. Many development thinkers believe that it has unfairly skewed India’s agriculture policy in favour of the farmers whose land is already or potentially covered under irrigation. The basic criticism is that the Green Revolution has been largely irrelevant for India’s 60 per cent cultivable land which is un-irrigated. These...

The plight of the hungry in developing countries is needlessly aggravated by farmers losing up to half of their crops after gathering the harvest, the United Nations agricultural agency said today, stressing that adequate investment and training could drastically cut the losses. The Food and Agricultural Organization (FAO) said that excessive rainfall, droughts, extreme temperatures, contamination by micro-organisms, and premature harvesting are among the causes of these post-harvest losses, which...

When the Indian government met the largest economic crisis the world has faced in nearly 80 years with tax cuts, aid for rural workers and interest rate cuts, critics said it was not enough. Now, though, it looks as if the policy makers may have offered too much. India’s $1 trillion economy, largely insulated from the global crisis by low reliance on exports and a heavily regulated banking system, has exceeded expectations...