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Post-Bt brinjal, GM regulator is top priority

It is a step which is expected to reduce the room for political and technical whims and biases, bring in transparency and satisfy safety concerns about biotech products the country needs but is chary of embracing. The government has fasttracked a long-pending Bill to set up the Biotechnology Regulatory Authority. The Bill, revised and discussed by a committee of secretaries on Thursday, if cleared, would overhaul the current flawed regulatory...

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Challenge of climate change, post-Copenhagen by RK Pachauri

Are the world and human society in general ready and willing to take action on critical issues that require a major change in the manner in which we produce and consume goods and services?  The science of climate change is now well established. This is the result of painstaking work of over two decades carried out by thousands of scientists drawn from across the globe to assess every aspect of...

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Fringe benefits taxed by Seema Purushothaman

Post-independence policies have taken away all securities of the small farmer Historically, compared to other developing economies, India has had relatively smaller agricultural land-holdings. Mixed farming and animal tending was the backbone of small and marginal rain-fed agriculture. Diverse food crops along with animal produce ensured relatively balanced nutrition. But policies in independent India reduced diversity while increasing the market dependence of small farms. Small farmers became victims of policies favouring...

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Bihar’s miraculous economic growth: Myth or reality?

A section of the media seems to be mighty impressed with Bihar’s miraculous (11.03%) average annual growth during the 2004-05 to 2008-09, supposedly akin to that of Gujarat (11.05%) but is there a catch in this stunning statistics? (See the graph below). While the media has quoted the Gross State Domestic Product at factor cost (at constant 1999-2000 prices) as provided by the Central Statistical Organization (CSO), but the corresponding...

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Whose inflation is it anyway? by Ruhi Kandhari

Government sat on grain stocks while food prices shot up   In july 2008, when inflation rose to a 10-year high of 11 per cent and industry was hit by a range of factors, including economic recession, the Union government responded immediately. There were day-on-day monetary interventions. Since July 2009, inflation, as calculated by the prices poor consumers pay for their daily needs, has hovered around 11 per cent, again a 10-year...

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