India's economy grew at a faster-than-expected rate of 7.9% in the three months to September, compared to the same period last year. The growth was helped by government stimulus spending. A boost in manufacturing and services helped the country expand at the fastest pace for 18 months. Some analysts said this could give the central bank room to raise interest rates as early as December to combat rising inflation. "This data...
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Farming must modernise
Food prices are rising at a rate that neither consumers nor politicians can afford. On this, there is consensus. But on the more substantive question as to what should be done about it, there is more silence than disagreement. The Opposition wants to blame the government, the government wants to shift the blame to the states. But ultimately, there is only so much that food management can do when there...
More »Global warming report generates heat
An open collision of ideas about global warming at the release of the UNFPA report, “The State of World Population 2009” has generated enough heat to raise the tempers. (See the report’s URL below) While the Minister of Environment and Forests Jairam Ramesh, who released the report in New Delhi, agreed that the women of the world would be forced to bear the disproportionate burden of climate change, he questioned...
More »If words were food, nobody would go hungry
“THE world’s attention is back on your cause.” That was Bill Gates talking to agricultural scientists gathered recently to honour the late Norman Borlaug, father of the Green Revolution. The tycoon-turned-philanthropist was right. This week, the world—in the guise of 60-odd heads of state including the pope—held the first United Nations food summit since 2002. As the world’s attention turns from the receding financial crisis, it is switching to one...
More »Climate deal dithering threatens Green tech investment by Damian Carrington
Without urgent progress which will stimulate funding for renewables, nations could be locked into high-carbon energy and transport technologies for decades, inflating another unsustainable economic bubble, say experts. Achim Steiner, the head of the U.N. environment programme, said: “Far more worrying [than formally ratifying a treaty] is that every month we delay we send a ambiguous signal into the world economy, the markets, investors and R&D.” The markets had not...
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