The world needs to act quickly to counter the erosion of species. The task is particularly important for India, one of the 12 mega-biodiversity centres.  May 22 marked the International Day for Biological Diversity. It commemorates the adoption of the Convention on Biological Diversity (CBD) that day in 1992. As of December 2009, exactly 192 countries and the European Commission were signatories to it. This year has been declared the...

Biodiversity drives sustainable and climate-resilient farming and the biotechnology industry. Everything should be done to spread bio-literacy for an era of bio-happiness in rural and urban India through the conversion of bio-resources into jobs and income.  Biodiversity provides building blocks for sustainable food, health and livelihood security systems. It is the feedstock for the biotechnology industry and a climate-resilient farming system. Given its importance, a Convention on Biological Diversity (CBD)...

Around two decades ago, Lawrence Summers, then World Bank chief economist, outraged many when he argued in an internal memo that the economic logic behind dumping toxic waste in low-wage countries was “impeccable”. His rationale: less developed countries are “under-polluted” and that “foregone earnings from increased morbidity and mortality” would be lesser in countries with lower wages. Cut to now and the thing to ask is: does India too believe...

Summer temperature in India is set to remain above average, weather officials said, raising hopes of heavy rains at the start of the monsoon season that will help early sowing of rice, soybeans and lentils. Early sowing and the subsequent early harvest insulates crops from weather risks such as weak rains towards the end of the June-September monsoon season that delivers 75-90% of the rainfall in most parts of India. It also...

Food inflation remains extraordinarily high at 17.79%. The government emphasises supply problems caused by last year’s drought, But a bigger and less reversible problem is government-led inflation through big increases in the Minimum Support Prices (MSP). The MSP for wheat and paddy rose only modestly between 2002-03 and 2005-06 , from Rs 620 to Rs 650/ quintal and from Rs 530 to Rs 570/quintal respecticely. But after that the MSP shot...