Why is the government aggressively attacking and destroying inexpensive eco-friendly technologies and promoting pollution-friendly ones? Are we obliged to repeat all the mistakes that the West committed in its pursuit of economic growth? While it makes sense to corner First World countries into investing in eco- friendly technologies to control carbon emissions, as was attempted at Copenhagen, the stand of the Indian government that India cannot afford to enforce better...

The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

Sitting on an iron bench along a busy street, Chaman Lal sticks his fingers into a mug full of a greasy concoction and then applies the dark-red brew to areas where his patients complain of pain. Lal -- who does not have a license to practice medicine, but claims to be a successful bone doctor and traditional healer -- says this potion of 18 herbs is a cure-all. His large signboard,...

Government policies in many developing countries which promote the planting of a narrow base of agricultural crops may hurt farmers in the long run, a United Nations human rights expert warned today. As a result of the global food crisis, developing countries “have massively reinvested in agriculture and have sought to provide farmers with the means of production they need to produce food,” Olivier de Schutter, the Special Rapporteur on...

At a time when the flow of institutional credit has tended to look up, pointing to economic recovery, the disbursal of agricultural credit has dipped by an astonishing 30 per cent, putting the prospects of recovery in the drought-ravaged farm sector in jeopardy. The numbers released by the National Bank for Agriculture and Rural Development (Nabard) indicate that both commercial banks and cooperative credit outlets are lagging behind their targets...