The food price inflation in India, measured by the wholesale price index of food items, touched a 10-year high for the week ended November 28, 2009 when it crossed 19% on point-to-point basis over the corresponding week a year ago. The cereal prices were up by about 13%, but pulses are up by 42%, and vegetables by 31%, although potato prices shot up by 102%. This is getting way beyond...

Referring to China in 1947, Nehru declared, “A new star has risen in the eastern horizon,” and some years later predicted, “If you peer into the future, the obvious fourth country in the world is India.” One of the countries he had in mind has disappeared, and he did not imagine that the emergence of India and China on the global stage would lead to mutual friction. The Chinese are...

I have just returned after performing at the climate circus in Copenhagen. Like all sensible columnists, I will reserve my remarks on why the outcome was entirely predictable, till after the event! But as I attended this meeting of the Conference of Parties (COP) of the Climate Convention (UNFCCC) after a gap of some six years, a snapshot comparison of then and now may be more useful. The UNFCCC process started...

A rogue’s gallery of corrupt politicians and entrepreneurs trying to create money out of thin air.  It is impossible to quantify the level of fraud in public spending on wind energy The European wind association does not have a code of conduct for developers A big Danish firm revealed that it was the victim of a 12 million euro fraud The northern trade winds of the Canary Islands have long tempted daredevil windsurfers,...

The key message of the book is that agriculture in South Asia is quite heavily stressed due to A complex set of socio-economic, agro-climatic, and hydrological factors WATER, AGRICULTURE AND SUSTAINABLE WELL-BEING: Edited by Unai Pascual, Amita Shah, Jayanta Bandyopadhyay; Oxford University Press, YMCA Library Building, Jai Singh Road, New Delhi-110001. Rs. 750. “Eradicate extreme poverty and hunger; halve, between 1990 and 2015, the proportion of people whose income is less...