It used to be a dry and arid land legume grown by poor farmers in Rajasthan, Haryana , Gujarat and Madhya Pradesh. Till a few years back, it sold for as low as Rs 1,000 a quintal. Eaten either at home by farmers (some may remember it as guar ki phalli) or sold off for export to be used as a binding and thickening agent in edible products like ice creams,...

-The Economic Times The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit. The Centre is aiming to bring down its fiscal deficit to 5.1% of GDP in 2012-13, from 5.76% in the previous fiscal. It also hopes to cut its subsidy bill to below 2% of GDP this year. The ministry has argued that...

-FAO On the path to Rio+20, FAO calls for a future with both healthier people and healthier ecosystems Sustainable development cannot be realized unless hunger and malnutrition are eradicated, FAO said in a policy document prepared for the Rio+20 Summit to be held in June in Rio de Janeiro. "We cannot call development sustainable while this situation persists, while nearly one out of every seven men, women and children are left behind, victims...

-The United Nations Sustainable development will not be achieved unless hunger and malnutrition are eradicated, the United Nations food agency warned today in a new report. “We cannot call development sustainable while this situation persists, while nearly one out of every seven men, women and children are left behind, victims of undernourishment,” said the Director-General of the Food and Agriculture Organization (FAO), José Graziano da Silva, in a news release. In the report...

-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...