Water is the most critical of all natural resources on which modern economies depend. Water scarcity and rapid economic advance cannot go hand-in-hand. Yet, with its per-capita water availability falling to 1,582 cu m per year, India has become water-stressed. In 1960, India signed a treaty indefinitely setting aside 80% of the Indus-system waters for downstream Pakistan - the most generous water-sharing pact thus far in modern world history. Its 1996...
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With all due respect, My Lords by Ramaswamy R Iyer
In recent times the Supreme Court of India, with a series of remarkable decisions, has earned our admiration, respect and gratitude. Alas, it has now come out with an extraordinary order on the Inter-Linking of Rivers (ILR) Project, which has caused consternation and dismay to many of us. In 2002, in a post-retirement explanation, a defensive Justice Kirpal had said that his order on the river-linking project was not a direction...
More »Seed companies reap rich harvest on Bt cotton wave by Sanjeeb Mukherjee
Bt cotton has doubled the seed industry and boosted the fortunes of seed firms. But yields still need to improve In the last 10 years, Bacillus thuringiensis (Bt) cotton and its impact on farmers has perhaps been the most talked about topic in Indian agriculture since the ‘Green Revolution’ of the 1960s and 1970s. Not only has farmers’ income from growing Bt cotton risen by almost 67 per cent in the...
More »Policy Distortions Hurt Agriculture by Bibek Debroy
Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
More »Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta
Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...
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