-Reuters   The extra irrigated area would cut India's dependence on annual monsoon rains that water crops grown on nearly half of the country's farmlands New Delhi: India plans to expand its farmland under irrigation by at least a tenth in the next three years, potentially boosting grains output by an equal proportion in the world's second-biggest rice and wheat producer, a top government official told Reuters. The extra irrigated area would cut India's...

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

-The Hindustan Times If you've somehow managed to wrench yourself away from witnessing the ever plunging new lows during the ongoing election campaigns, including name calling, mud (and ink) slinging and repeated exchanges of the same accusations between political rivals, you will surely have noticed the exuberance in the markets - the Sensex has touched a record high and the long-languishing rupee has strengthened to within striking distance of sub-Rs 60...

-The Hindu Business Line Norman Borlaug is regarded as the ‘father' of the Green Revolution. It's his birth centenary today We cannot talk about India's Green Revolution without mentioning Nobel laureate Norman Borlaug, the globally renowned wheat scientist. He was a great friend of India and the Indian farmer in particular. Indeed, when he died in September 2009 aged 95, there was great sorrow in the Green Revolution belt in Punjab and Haryana. As...