The European Union is to radically overhaul its approval system for genetically modified (GM) crops from next month, opening the way to large-scale GM cultivation in Europe, EU sources said on Friday. With most Europeans showing no appetite for GM produce in food, EU politicians have approved just two varieties for growing in 12 years, compared with more than 150 worldwide. Under proposals due to be adopted on 13 July,...
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Population, incomes tilt India towards food imports
India's anxiety over erratic monsoon rains will become more acute as rising incomes and a growing population push up demand for farmed produce faster than supply, turning the nation into a major importer within 5 years. Forecasts of a normal monsoon this year have stirred hopes for smooth supplies and low inflation, reversing setbacks from last year's poor rains. But the country must boost yields if it is to feed...
More »India opposes carbon tax on imports by Padmaparna Ghosh
India has opposed suggestions that countries that have cap-and-trade schemes to control carbon emissions—mostly developed countries—impose a carbon tax on imports from nations that don’t have such measures in place, made at the ongoing global climate talks in Bonn. “The matter of any unilateral trade measure on imports in the name of climate action raises some concerns regarding the success of our discussions,” Vijay Sharma, secretary, ministry of environment and forests,...
More »Govt already planning new base year by Asit Ranjan Mishra
Work on a new base year will start the moment the government starts releasing key economic data such as the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP) with 2004-05 as the reference point within a few months. The National Statistical Commission (NSC), under C. Rangarajan, has recommended that the base year be updated every five years. Officials in the ministry of statistics and programme implementation (Mospi) say...
More »Soft battles by TK Rajalakshmi
Many governments in the developing world lack the will to eradicate child labour, says the third ILO global report on the deplorable practice. The effects of the present global economic and financial crisis, rather than its causes, have been the central preoccupation of organisations such as the International Labour Organisation in recent times. The ILO, in particular, has focussed on the impact of the crisis on populations within the least...
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