Since 1947, successive governments have missed innumerable opportunities to put the country on the path of sustained, inclusive growth. Time and again, quixotic ideology has led to meaningless debates, antediluvian policy and inexplicable strangulation of capacity buildup in both physical and social infrastructure. Even today, while the gap between current and projected national demand and supply is well acknowledged, the government continues to drag its feet in creating the policy...

The Food and Agricultural Organization said Wednesday that the world faces a "food price shock" after the agency's benchmark index of farm commodities prices shot up last month, exceeding the levels of the 2007-08 food crisis. The warning from the U.N. body comes as inflation is becoming an increasing economic and political challenge in developing countries, including China and India, and is starting to emerge as a potential problem in developed...

Agriculture scientist M.S. Swaminathan called on Wednesday for documenting indigenous farming knowledge which coped with monsoon vagaries. In earlier days when there was no irrigation, farmers were prepared for floods and droughts. The climate-resilient farming was a way of life in those days, and people went in for mixed cropping. Dr. Swaminathan said a publication could be brought out on procedures adopted by farmers and how effective they were in coping with...

In a boost to rural road network in the state, the Centre today approved a state government proposal to construct 2,005km of roads with Rs 548.58 crore, and 49 bridges to connect these roads with another Rs 96.09 crore, under the Pradhan Mantri Gram Sadak Yojana (PMGSY). The decision was taken by a high-powered committee set up by the Union rural development ministry to monitor PMGSY. The meeting in New Delhi...

Before the environment minister Jairam Ramesh takes a call on Posco by the end of January the ministry is expected to put up the last of the three reviews of the Rs 54,000 crore project for his perusal – on the Coastal Regulation Zone clearance for the steel plant and the planned port. The review of the CRZ clearance for the project may land the Korean giant in trouble with...