-The Navhind Times   THAT climate will remain in a state of flux is a given. The fallout of global warming will be periodic extreme heat and drought, as was experienced by the United States and some other food-exporting countries in 2012, sending food prices close to record levels. At the same time, many countries, including China and India will experience heavy rains and floods from time to time, damaging food production. Even...

-FAO   FAO publication highlights success stories in "climate-smart agriculture," stresses need to transition to new approach to food production Rome - Shifting world agriculture to a "climate-smart" approach will not only help prevent future food security crises but holds the promise of sparking economic and agricultural renewal in rural areas where hunger and poverty are most prevalent, argues a new FAO publication. On the one hand, the magnitude and scope of climate change's...

-The Hindu   The World of Work Report 2014 catalogues the impressive strides developing countries are making to catch up with advanced nations. But the International Labour Organisation study also contains important caveats on the cost from continuing sharp inequalities. Per capita income has grown on average by 3.3 per cent per annum in 140 countries over the past three decades, as against 1.8 per cent in the advanced economies. But this...

-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

-The Hindu   The Union Health Minister, Dr. Harsh Vardhan, recently said he "supports" higher taxes on cigarettes and other tobacco products. But even if he were to substantially increase the tax rates, will it make cigarettes and other tobacco products very expensive and hence reduce consumption? In the case of India, as per the current taxation practices, increasing the tax component is quite unlikely to reduce consumption drastically. This is unlike the...