-Reuters Global warming will get worse as agricultural methods accelerate the rate of soil erosion, which depletes the amount of carbon the soil is able to store, a United Nations' Environment Programme report said on Monday. Soil contains huge quantities of carbon in the form of organic matter. which provides nutrients for plant growth and improves soil fertility and water movement. The top metre of soil alone stores around 2,200 billion tonnes of...
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A crisis ignored by CP Chandrasekhar
The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP Growth Rate from 8.4 per cent last year to 6.9 per this year. The government, obsessed with Growth Rates, is deeply disappointed. Hence there is already talk of the need to respond and demands that the Reserve Bank of India should reduce interest rates are being heard. There...
More »Shackles of subsidy by MK Venu
-The Indian Express Pranab Mukherjee should use his waking hours to signal bold reforms Until a few years ago no one really thought that governments could go bust. But the deepening sovereign debt crises of Europe have now persuaded us that governments can go bust if their debt levels cross a certain danger mark. What is that danger mark remains a matter of research by economists around the world. Some studies have concluded...
More »Food safety: soapy milk, toxic apples
-The Financial Express Bhim can't understand what he's done wrong. Before dawn every day he joins hundreds of wholesale traders at Delhi's Azadpur Mandi, a sprawling, chaotic market where trucks blare Bollywood music, porters haul huge brown sacks of fruit and vegetables and hawkers ply tea and cigarettes. His own trade is in rosy red apples, laced with calcium carbide. Bhim says he's been adding chemicals to his apples for years to artificially ripen...
More »Rural India loses steam: Demand for tractors, agriculture machinery, durables decline as income falls, prices rise
-The Economic Times In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda. Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...
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