-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...

-The Hindu For the land-acquirer, the land act ordinance tries to lessen the indirect price of acquisition and transaction by diluting requirements for social impact assessments and referenda. For the land-loser, it not only retains all forms of compensation and rehabilitation, but also grows the number of those eligible for lucrative pay-offs The government of India continues to search for the right way to do land acquisition. Last week, the Union Finance...

-The Indian Express The Situation Assessment Survey (SAS) of agricultural households, released last week by the National Sample Survey Office (NSSO), is the second one ever to be done. The SAS of 2003 was necessitated by the agrarian crisis of the time. Farmer suicides had reached a peak, and the reference year for the survey, 2002-2003, had seen severe drought. The agricultural sector was in crisis, with growth rates slowing to...

-The Times of India DEHRUDUN: The rich aroma and distinct taste of the Dehradooni basmati may be a thing of the past as early as the next couple of years. The grain, which made the term 'basmati' synonymous with good quality rice, is being edged out by other hybrid varieties as well as rapid urbanization which has shrunk the fields where it is grown. Confirming that the Dehradooni basmati, known as...

-The Indian Express In an article in these columns (‘A fertile mess', IE, December 11), Ashok Gulati says India has landed its fertiliser industry in a mess because of rising subsidies, lagging investment, unbalanced use of fertilisers and diversion of urea for other uses, among other things. He blames it all on administered pricing and subsidy costs, and advocates the increase of urea prices or cash transfer of the fertiliser subsidy...