One looks forward to the Finance Minister's budget speech with a hope that it spells some new major initiatives and schemes for development, and that it might promise any major allocation of resources to any sector, besides fresh tax proposals. In the case of education sector, one might feel disappointed at the proposals made in the Union budget for 2010-11 on both counts. No new initiatives are proposed; no major...

Smallholders and rural producers have a vital role to play in overcoming global hunger and poverty, and new and varied partnerships are needed, with particular emphasis on the interests of women, Secretary-General Ban Ki-moon said today. “With more than 1 billion people now suffering from hunger, the highest number in human history, there is simply no time to lose,” he told the International Fund for Agricultural Development (IFAD), a specialized...

Union Agriculture Minister Sharad Pawar on Wednesday urged agricultural scientists to double their efforts to remove all misgivings on genetically modified (GM) crops from the minds of policy makers and the public. Inaugurating a two-day conference of Vice Chancellors of agricultural universities and meeting of Directors of Indian Council of Agriculture Research here, he said, “The recent decision on Bt. brinjal should not be seen as a setback to our...

A FEW SLEEPY villages in the hills, about an hour’s drive from Pune, are suddenly buzzing with activity. Lavasa Corporation, a subsidiary of the Hindustan Construction Company (HCC), is spending Rs 140,000 crore to ‘clean out’ these villages (read tribals and marginal farmers) and build a world-class city in its place. Those pushing the project argue that urban India, bursting at its seams, just cannot cope with the large-scale migration from...

Is Bihar on steroids, boosted by an excessive stimulus of dramatically higher public outlays than ever in the past? Like all stimulus, does it also bear the danger of slumping back when it is withdrawn? Is the widely acclaimed growth turnaround a durable and sustainable one? These are among the many issues, which are currently being debated. But first the facts. Bihar is the best turnaround story that the country has seen...