India could face a massive 50% water deficit by 2030, the biggest globally, says the recent report of the Water Resources Group (WRG).  Fortunately, the supply-demand gap could well be filled, with vision, proactive policy and only modestly higher sectoral outlays, it adds. The WRG, consisting of a panel of global experts, estimates the ‘water availability cost curve’ to meet the heightened demand at about $5.9 billion per annum, or...

The special meeting of Chief Ministers convened by the Centre indicates that food price inflation remains worrisome. But at the meet the problem was underplayed and little of substance emerged.  With food price inflation still running at close to 18 per cent, the UPA government at the Centre has been forced to recognise that it constitutes a problem that deserves as much or more attention than the objective of achieving...

Angus Deaton, the Princeton economist regarded as world's foremost authority on cross-country income data, has cast serious doubts on the World Bank's last upward revision of global poverty figures and India's statistics are at the centre of the storm. The world became poorer as a result of a combination of India's economic growth and its low poverty line, Deaton, who is president of the American Economic Association, said in his...

Another food crisis? This time it’s not shortages but prices—a plain failure of responsive policy and execution. Zooming food prices are raising political temperatures yet again. The rumblings, for once, are not merely restricted to the opposition parties, but evident within the ruling coalition as well. Though attacks from across the political spectrum have become a bit subdued of late, the target remains Union agriculture and food minister Sharad Pawar. And...

A United Nations report titled The State of the World’s Indigenous Peoples says the indigenous people and tribes worldwide are facing extinction and exploitation due to threats of displacement and dispossession of their lands, territories and resources. It takes note of the displacement of thousands of families of the Santhal Adivasis in the Indian State of Jharkhand as a result of extraction of minerals, without proper compensation or economic security. The...