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WTO warns of rising global protectionism

-Reuters   The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned on Friday. Commodities export restrictions from Indian cotton and Ukrainian wheat to Chinese rare earths and coal are "not without hazards", the World Trade Organization said in the report that assesses the protectionist behaviour of more than 180 nations. The...

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The land debate by BG Verghese

Development has a multiplier effect in terms of employm-ent, secondary activity and revenue to state, while delay entails loss for everybody. Tolstoy’s famous question, “How much land does a man require?” was answered when the Count who had ruthlessly exploited his serfs was buried in a grave measuring 7x4x4 feet. And that, Tolstoy concluded, was all the land a man requires. Is corporate and infrastructural greed in India today destroying the small,...

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Agrarian distress by Utsa Patnaik

The farmers' struggle against land acquisition only shows that from passive forms of protest they have turned to active forms of resistance. THE recent agitation by farmers in Uttar Pradesh against cropland acquisition for non-agricultural purposes is only the latest in a long series of protests by farmers and rural communities, which started a decade ago in different parts of the country and which gathered momentum over the past five...

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Villagers plant industry dream by Vishvendu Jaipuriar

If you can’t beat them, join them. The fight for land between villagers and industrialists gets a unique twist in coal-rich belts of Karanpura valley — comprising cheek by jowl blocks Barkagaon and Keredari (Hazaribagh) and Tandwa (Chatra) — with residents asking the Centre’s permission to commercially exploit the area’s natural resources instead of allowing investors from outside. Karanpura is the state’s green bowl for vegetables, but it sits on rich coal...

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Punjab, Star of India's Rise, Faces Steep Fall by Amol Sharma and Geeta Anand

TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

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