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Foreign investment in developing countries must involve local farmers to succeed – UN

-The United Nations International investments must give local farmers and active role and leave them in control of their land if they are to have a positive effect on the host country’s economy and advance development, according to a report released today by the United Nations food agency. Produced by the UN Food and Agriculture Organization (FAO), the report – Trends and Impacts of Foreign Investment in Developing Country Agriculture – emphasizes...

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The Coming Famine In India-Binayak Sen

-Mainstream Weekly Dr Binayak Sen, an internationally renowned medical practitioner and social activist (a leading figure in the People’s Union for Civil Liberties), was incarcerated in Chhattisgarh and held in detention in Raipur having been branded as a Maoist for his activities in defence of poor tribals in the State. He is now out on bail. The following is the text of the Arvind Narayan Das Memorial Lecture he delivered in...

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A futures shock from FCI-Devinder Sharma

-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

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Hear the warning bells-Devinder Sharma

-The Hindustan Times Environmentalists have been telling us about the presence of DDT residues in human milk and even traces of it in the blood of penguins. This tells us how widespread the use and abuse of this chemical is, but it took us more than 40 years to realise that DDT is a harmful persistent organic pollutant. While the effort is to phase out the harmful chemical, I am worried about the...

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Pharma pricing policy to be discussed today-Sushmi Dey

-The Business Standard If the Cabinet clears the proposed policy, the Department of Pharmaceuticals would have to notify this before the SC?s next hearing on the matter on Nov 27 The Cabinet is likely to take up the proposed National Pharmaceutical Pricing Policy tomorrow, government sources said. The policy is aimed at capping the prices of 348 essential medicines at the weighted average of all drugs in a particular segment, with...

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