UPA-II's plans to replace the existing fertiliser subsidy regime with direct cash transfers to farmers will be delayed as the fertiliser ministry is likely to scrap an intermediate phase where the subsidy was to be rerouted from companies to retailers this summer. This puts paid to the fertilizer industry's expectation that very soon it would be out of the subsidy mechanism which locks up precious working capital. "We are rethinking the original...

Fast-food chains McDonald's and KFC, and packaged food brands like Lay's chips and Maggi noodles reported normal sales this weekend, despite a study on Friday alleging high levels of trans-fat, sugar and salts in their food on Friday. Analysts say it is natural for consumers of chips, burgers and noodles to ignore Centre for Science and Environment's warning because they know what they are getting into when they consume chips and...

World Water Day is held annually on March 22 to focus attention on the importance of freshwater and advocate sustainable management of freshwater resources. Each year, the day highlights a specific aspect of freshwater and this year's campaign was on “Water and Food Security.” A large quantity of water, more than most people think, is used for producing the food we eat everyday. Water is a renewable and finite resource...

The Bengal government is set to grant a never-before concession to developers of township projects, under which government companies will be allowed to hold and lease out land in excess of ceiling without prior permission. However, no activity other than real estate development is being allowed such flexibility despite industry complaining about difficulties involving land. “It seems the (amendment) proposal is highly lopsided. Does the government think only township development would be...

Weather events such as extreme temperatures and drought caused global agricultural losses of 11.4 billion dollars in 2011, while 12 million hectares of farmland are lost to land degradation every year, and unsustainable agricultural practices contribute to the emission of greenhouse gases. These and other data provided by a report released Wednesday in London by leading scientists from 13 countries raise the question of how to curb the environmental crisis, guarantee...