Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

Michel D. Kazatchkine, executive director of the Global Fund (GF) to Fight AIDS, Tuberculosis and Malaria, arrived in India on Tuesday to get greater Indian support and funding for global health spending ahead of the United Nations Millennium Development Goals (MDG) summit in New York. While he signed agreements with some new partners and promoted community-ownership of projects, Professor Kazatchkine's primary task is to meet top government officials and the Union...

Agriculture and allied sectors grew by 2.8 per cent in the first quarter of 2010-11 fiscal, higher than 1.9 per cent in the same period last year. In 2009-10 fiscal, the agriculture and allied sector had recorded the lowest growth in five years, at 0.2 per cent, due to widespread drought that affected almost half of the country. Foodgrain production had declined by 16 million tonnes to 218.2 million tonnes....

Farmers can save about Rs 600 crore over the next five years through mobile broadband-based services which provide them with quick information on market prices and vital crop inputs, says a report. Getting information quickly on best prices and cultivation practises, with special focus on areas like plant protection from diseases and weather-related damage, will help farmers take fast decisions, saving them about Rs600 crore by 2015, PriceWaterhouseCoopers (PwC) report said. Lack...

The success of programmes like the Sarva Shiksha Abhiyan (SSA) and Mid Day Meal Scheme (MDMS) in getting most children enrolled at the primary level has created the illusion that the government is now finally getting down to business and boldly financing education. Spending on education quadrupled between 1990-91 and 2000-01 . Since 2004-05 , the combined expenditure on education by the Centre and states has increased at a blistering...