Global business abhors uncertainty. The ministerial-level corruption in UPA-II has slowed FDI and FII inflows. The stock market, despite double-digit corporate profit and 8.6% GDP growth, reflects the anxiety of Indian and foreign investors. To take India's growth story forward in the 20th year of economic reforms, political reforms must catch up. Misgovernance won't do in a globalised, interconnected world. Two kinds of political corruption blight India: episodical and ongoing. Episodical...

With 1.8 billion people threatened by absolute water scarcity by 2025, and two-thirds of the world’s population facing potential shortages, countries must better protect and manage forests to ensure the provision of clean water to vulnerable communities, a United Nations-backed forum warned today. “Forests are part of the natural infrastructure of any country and are essential to the water cycle,” said UN Food and Agriculture Organization (FAO) Forestry Department Assistant Director...

It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and (3) partial coverage (say, to 11 crore families) with 35 kg per family per month. In each case, the implications...

The amounts of various radioactive releases into the environment are unknown, as are the winds and other factors that determine how radioactivity will disperse. The different radioactive materials reported at the nuclear accidents in Japan range from relatively benign to extremely worrisome. The central problem in assessing the degree of danger is that the amounts of various radioactive releases into the environment are now unknown, as are the winds and other...

Rita Sharma, Secretary of India's National Advisory Council (NAC), has been appointed to a new commission on climate change to be chaired by Britain's chief scientific adviser Sir John Beddington. The new Commission on Sustainable Agriculture and Climate Change, has been set up by the Consultative Group on International Agricultural Research's Research Programme on Climate Change, Agriculture and Food Security program (CCAFS). Sharma is among 13 members of the commission which, in...