Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...

Every passing day makes it clear that the proposed food security law may not come by for a while. One report quoting the Planning Commission even suggested that it can be expected only in 2012. This Twelfth Plan (2012-17) launch has support from the concerned dual Ministry of Agriculture as well as Food, Consumer Affairs and Public Distribution. In that eventuality it does mean a surge in food insecurity.A dispassionate...

Global agriculture contributes in the region of 17 percent to the greenhouse gas emissions that cause climate change, but according to the World Bank, climate smart agriculture techniques can both reduce emissions and meet the challenge of producing enough food for a growing world population."As much as agriculture is part of the problem, it is also part of the solution," said Inger Anderson, the World Bank's vice president on sustainable...

Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

The Kerala government has decided to detoxify' Kasaragod district which has been bearing the brunt of indiscriminate spraying of the highly toxic endosulfan in cashew plantations for the last two decades. All highly toxic Red and Yellow categories of pesticides, including endosulfan, will be banned in the district and the soil and water bodies will be frequently monitored for pesticide content to enable remedial measures, state agriculture minister Mullakkara Retnakaran told...