It's a Rs 50,000 crore annual business but those at the bottom of the supply chain -- mostly tribals -- make a mere Rs 4,000 crore out of it. The extraction of non-timber forest produce -- tuburs, leaves, seeds, plants and roots, besides other products from forest -- could soon become a bigger money-spinner for tribals. The government has set up a committee, which in three months will recommend how...

Orissa will move the Supreme Court against a high court order disapproving its grant of permission to South Korean steel major POSCO to prospect for iron ore in Sundergarh district, an official said on Saturday. A bench of the Orissa High Court July 14 set aside the permission granted to POSCO last year for prospecting iron ore in over 2,500 hectares in the Khandadhar hills in Sundergarh. "We have decided to appeal...

The Union government has been widely criticised for letting foodgrain rot in its godowns, while food prices soar and millions remain underfed. In its defence the government has spoken about the fiscal cost of selling these stocks. However, the underlying problem of excessive procurement and overstocking of foodgrain has not received as much attention. The government has claimed that official agencies have been mopping up over 99.5 per cent market...

India's growth story in a crisis-hit world has been globally applauded. Still, the prime minister did well not to use his Independence Day address as a mere occasion for back-patting. This isn't yet "new India" where growth's gains percolate to every citizen. Not only must structural nuts and bolts be fixed before we get there, the economic blueprint itself needs a sharper reformist orientation. To its credit, the UPA has...

The 2010 Seeds Bill that has been introduced in Parliament does address some of the major concerns in the aborted 2004 version, but strangely a number of important correctives – on regulation, consistency and punishment – that had been incorporated in the 2008 version (which lapsed in 2009) have now been modified or dropped altogether. What forces are pushing the government to act against the interests of India’s farmers? The third...