The UN's food and agriculture arm today advocated the use of jatropha for producing bio-diesel and said the crop can help farmers improve their financial condition in dry areas. "Using the energy crop jatropha for bio-diesel production could benefit poor farmers, particularly in semi-arid and remote areas of developing countries," said a report published by the Food and Agriculture Organisation (FAO) and the International Fund for Agricultural Development (IFAD). Jatropha curcas grows...

THE fast-depleting groundwater levels and subsidised electricity supply to farmers in Punjab, Haryana and western Uttar Pradesh spell doom for agricultural productivity in the region regarded as the “Food Bowl of India”, and has prompted the government to turn its gaze towards the eastern region for fulfilling its food security ambitions. A background note drafted by the department of agriculture and cooperation (DoAC) for the two-daylong workshop on the theme...

Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

In June 1991, the country embarked on a bold adventure by exposing to market vicissitudes its insulated manufactories, regulated (but pockmarked with soft spots) financial markets and inexperienced economic players. An economy, in those days, was about people, not giant factories and ships with riches. Though successive governments have secured the reformative underpinnings of the liberalisation process, it is to the credit of players in India that the sublime quest...

The rapid growth of emerging economies has led to a shift in economic power: forecasts based on analysis by late economist Angus Maddison suggest that the aggregate economic weight of developing and emerging economies is about to surpass that of the countries that currently make up the advanced world. According to Perspectives on Global Development: Shifting Wealth, a new publication from the OECD Development Centre, the economic and financial crisis is...