Billions of dollars are being made by investors in a speculative "food bubble" that's created record food prices, starving millions and destabilising countries, experts now conclude. Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their Bonuses before the inevitable collapse of...

The recent spike in vegetable prices, due partly to erratic supplies, could well have been averted if the novel concept of “relay cropping” in vegetable farming had become popular. This system allows growing three to seven crops of different vegetables on the same patch of land over a period to ensure a steady and regular flow of vegetables to markets. This innovative approach, significantly, has been conceived and successfully put into practice...

Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...

The Centre has decided to send a team of the Planning Commission to the State to find out the reason behind large number farmer suicides. Prime Minister Manmohan Singh told this to a group of Youth Congress leaders from the State, led by president Pradip Majhi, who met him in Delhi on Saturday. The delegation told the Prime Minister that more than 2,000 farmers had committed suicide in Orissa during last 10...

Thirty years ago, in an act I still feel guilty about, I woke up a very great Indian from his sleep. I was volunteering at a conference in New Delhi, and had been asked to fetch the Member of Parliament from Dhanbad, AK Roy, from his quarters in Vithalbhai Patel House. Roy, a labour leader legendary for his integrity and his wide range of reading, had been elected from the...