-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

-The Business Standard   Lopsided fertiliser policy is damaging farm output Even as the indifferent monsoon is threatening to affect crop sowing in the current season, the recent spike in the prices of some fertilisers and related developments in the fertiliser sector are adding to disquiet over kharif production prospects. The government’s move to slash subsidies on non-urea fertilisers early this year, coupled with the rupee’s depreciation, has led fertiliser companies to substantially...

-NDTV Tamil Nadu Chief Minister J.Jayalalithaa has shot off yet another letter to the Prime Minister. In her latest communication, the AIADMK Chief has flagged concerns of farmers in the State over the "introduction of the Nutrient Based Subsidy Scheme (NBS) by the Government of India from the 1st April, 2010, coupled with an unreliable supply of fertilizers" that she feels is "threatening to deprive our farmers of their basic means...

-International Land Coalition   Rome, Italy - Information on land governance is critical factor for enabling developing and emerging economies to establish effective land tenure systems and ultimately ensure secure and equitable access to and control over land. To this end, the International Land Coalition, together with the Food and Agriculture Organization of the United Nations (FAO), today announce the integration of information on land from FAO databases accessible through the Land...

-PTI The government today told the Supreme Court that “auction cannot be the only permissible method for disposal of natural resources” and a uniform policy on their distribution was “neither practical nor can it subserve the common good”. The Centre also said the allocation of natural resources was a policy matter and beyond the purview of judicial review. The submissions came in response to questions by the apex court on the Presidential Reference...