-FAO Direct economic costs of $750 billion annually - Better policies required, and "success stories" need to be scaled up and replicated Rome: The waste of a staggering 1.3 billion tonnes of food per year is not only causing major economic losses but also wreaking significant harm on the natural resources that humanity relies upon to feed itself, says a new FAO report. Food Wastage Footprint: Impacts on Natural Resources is the first...

-The Hindu     The draft policy on the use of forest land is at odds with sound conservation principles and fails to plug holes in current guidelines that work to the advantage of project promoters The Supreme Court in July 2011 while delivering the Lafarge Judgment laid down guidelines on forest clearance procedures. These were to operate till a new regulatory mechanism was put in place. Two years after the judgment, the Ministry...

-Outlook Expressing concern over the recent tragedy in Uttarakhand, the Supreme Court today prohibited setting up of any new hydroelectric power project in the state and directed the Centre to constitute an expert body to study environmental degradation caused by such projects. The court directed the Ministry of Environment and Forests and the Uttarakhand government not to grant any further environmental or forest clearance for any hydroelectric power project until further orders. "We...

-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...

-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...