An over-dependence on genetically modified organisms to boost agricultural production eclipses other biotechnologies and their potential to benefit poor farmers in developing countries, warned the United Nations Food and Agricultural Organization (FAO) today. “Modern and conventional biotechnologies provide potent tools for the agriculture sector, including fisheries and forestry,” said FAO Assistant Director-General Modibo Traore. “But biotechnologies are not yet making a significant impact in the lives of people in most...

In April last year, the Supreme Court, in response to a public interest litigation filed by the Gene Campaign (whose convenor is the internationally known geneticist Dr Suman Sahai), directed the Genetic Engineering Approval Committee (GEAC) to consider the toxicity and allergenicity of GM crops and to post the relevant material on the web so that independent experts could examine these. The Supreme Court asked the GEAC to study also...

Five years after the massive Indian Ocean tsunami, which left a devastating trail of death and destruction, millions of people have benefited from the influx of aid by rebuilding stronger infrastructure, social services and disaster warning systems than existed before the catastrophe, according to the United Nations agencies at the core of the recovery effort. The largest emergency relief response in history was prompted by the earthquake off the coast...

Finance minister Pranab Mukherjee has assured a delegation of J&K MPs that the government will oppose a disclaimer clause put up by World Bank in return for a Rs 740 crore loan it has sanctioned for a watershed project in the state. The Bank has asked the state government to give an undertaking that the loan would not be treated as a certificate that the "disputed territory" was an integral...

Indian policymakers are debating doing away with the mandatory rating of financial instruments in the long-term, among a set of measures aimed at strengthening the regulatory and disclosures regime for credit ratings. The expert group, set up by the High Level Coordination Committee on Financial Markets (HLCCFM), has made specific recommendations on improving and disclosing the way credit rating agencies rate financial instruments, and has sought debate on the very...