-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...

-The Times of India Every few days, Rajkumar Sharma, manager of a group housing society in Noida, makes the mandatory trip to the nearby petrol pump to pick up his quota of diesel. A few days back, even as he was on his 'diesel duty' as he calls it, he was making some quick back-of-the-envelope calculations. "Our average monthly consumption is around 400 litres which means a monthly expenditure of around...

-Outlook Environmentalist and author Mark Lynas now says GM crops are the answer to global food security. Vandana Shiva disagrees. The already heated debate about genetically modified (GM) foods in India has intensified thanks to a dramatic change in stance by environmentalist and author Mark Lynas,who now says GM crops are the answer to global food security. While India awaits two crucial reports on the topic, we interviewed Lynas and noted...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

-The Indian Express The national water framework law proposed by the Union government could not be more timely. Even as the onerous task of persuading state governments to accept the idea remains unfinished, the proposed framework, as an overarching statement of general principles that lays down the broad contours within which the Centre, the states and the local bodies can exercise their respective powers on exploiting water, is a comprehensive step...