Global steel giants ArcelorMittal (MT) and Posco are leading $80 billion in planned spending in India, an investment that would vault the country ahead of Japan as the second-biggest steelmaker. There's one hurdle: India's farmers and their water supply. The farmers refuse to move from irrigated land in three states that hold more than half of India's reserves of iron ore, a key material used in the making of steel....
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Remove the smokescreen by Praful Bidwai
The disclosure by the Centre for Science and Environment that 11 of the 12 leading brands of honey sold in India contain high levels of harmful antibiotics should make us acknowledge our failure to evolve and enforce environmental and health standards. Similar disclosures were made about pesticides in soft drinks and coliform bacteria in 'safe' bottled water. More distressing is the documentation since the 1980s of high content of pesticides...
More »Water-food-energy nexus in Asia by Arjun Thapan
In our frantic search for solutions to our water crisis, we tend to overlook the self-evident relationship between water, food, and energy. It is still not too late. As my colleague Tony Allan, a Stockholm Water Prize laureate says so pithily, the three are the corners of a triangle with politics and emotion at its center. About 80 percent of accessible freshwater in Asia is used for agriculture; the rest...
More »Six ministries to decide on FDI retail by Anindya Upadhyay
An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...
More »Good monsoon will benefit food processing sector
A good monsoon this year will help Indian agriculture grow robustly and benefit the food processing and packaging sectors, Minister of State for Agriculture and Consumer Affairs K. V. Thomas said Tuesday. 'Companies which have invested in supply chain of farming like contract farming, food processing and packaging will benefit greatly from good agricultural output,' he said at a conference organised by the Confederation of Indian Industry. He said good agricultural growth...
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