The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

For nuclear plant at Jaitapur, only site clearance is granted Environment and development have to be balanced Reacting to reports on Monsanto's admission of pest resistance to its transgenic cotton, Union Minister of State for Environment and Forests Jairam Ramesh on Saturday said the issue needed to be properly examined. The Minister said he had also seen an earlier report from the Central Institute for Cotton Research, Nagpur, which pointed out insect resistance...

Orissa will soon formulate a state food processing policy to woo private investment in this potential sector. “A draft policy has been circulated among all stakeholders for their comments after which it will be finalised,” said chief minister Naveen Patnaik while inaugurating an agri and food processing conclave here today. Inviting private investors to invest in this sunrise sector, Naveen assured all necessary support required to promote agri and processed food products. Stating...

PUNE: Bandya Pashte, 28, has been cultivating paddy on his family’s five-acre plot in village Veravli in the Konkan, Maharashtra’s coastal strip for about a decade. Last year, though, he threw in the towel because farming is not remunerative and lacks social status. Bandya has since migrated to the city to work as a driver, earning more than he did as a farmer. While Bandya is unaware of the National...

Prime Minister Manmohan Singh has convened a meeting of the Ministers concerned with genetically modified (GM) crops on Wednesday. Agriculture Minister Sharad Pawar, Minister of State for Environment and Forests (Independent Charge) Jairam Ramesh and Minister of State for Science and Technology Prithviraj Chavan are expected to attend. The meeting has been called in response to a letter written by Mr. Pawar earlier this month to Dr. Singh, in which...