-Deccan Herald With just a little more than a year left before the nation goes to polls, the Congress-led United Progressive Alliance Government has proposed to raise the allocation for rural development to Rs 80194 crore in 2013-14, although an amount of about Rs 21371 crore is estimated to be left unspent from the fund earmarked for the sector this year. The Ministry of Rural Development is likely to leave unutilized...

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

-The Hindu THE SUNDAY STORY An analysis of the output from 18 different global climate models indicates that India’s average annual surface air temperature could go up by between four degrees Celsius and seven degrees Celsius by the end of this century. The warning signs are already out there. Global air and ocean temperatures have risen in response to human-driven emissions, particularly of carbon dioxide. Oceans have become more acidic and the...

-The Economic Times Get ready for an era of widespread droughts, super storms, flash floods, excessive rainfall, high food prices, higher levels of migration and higher outlays to survive extreme weather. The events of the past year make it clear that this is no longer a dire warning. Climate scientists predict extreme weather will become more common in the coming years if the world doesn't act decisively to address climate change. Yet, governments...

-The Times of India MUMBAI: Climate change and reckless development are leaving Mumbai increasingly vulnerable to the elements. A news report on an ongoing climate study places India's financial capital sixth in a list of 20 port cities worldwide at risk from severe storm-surge flooding, damage from high storm winds and rising seas. By 2070, according to the study, an estimated 11.4 million people and assets worth $1.3 trillion would be...