Experts agree that the economic and environmental costs of interlinking India's rivers far outweigh its projected benefits. Some people believe it is the one-stop solution to prevent floods and droughts, reduce water scarcity, raise irrigation potential and increase foodgrain production in the country. But others say it is just another grandiose scheme involving huge costs and leading to long-term ecological consequences. The contentious idea of interlinking India's rivers has come...

The Prime Minister's Economic Advisory Council has suggested a complex combination of three pricing models to fix retail prices of 348 essential drugs to balance industry's concerns and public health. The proposal, however, has drawn the ire of drug makers who say it is a watered down version of the health ministry's proposals. The council has proposed that for medicines facing "insufficient competition" or a monopoly-like situation, the retail price should...

World Water Day is held annually on March 22 to focus attention on the importance of freshwater and advocate sustainable management of freshwater resources. Each year, the day highlights a specific aspect of freshwater and this year's campaign was on “Water and Food Security.” A large quantity of water, more than most people think, is used for producing the food we eat everyday. Water is a renewable and finite resource...

Weather events such as extreme temperatures and drought caused global agricultural losses of 11.4 billion dollars in 2011, while 12 million hectares of farmland are lost to land degradation every year, and unsustainable agricultural practices contribute to the emission of greenhouse gases. These and other data provided by a report released Wednesday in London by leading scientists from 13 countries raise the question of how to curb the environmental crisis, guarantee...

-The Business Standard   Learning from the jatropha mistake The tropical shrub jatropha curcas, touted a decade ago as a commercially feasible source of biofuel to alleviate the global energy crisis, seems to have let its proponents down quite comprehensively. Millions of hectares of land in the arid areas of India and in many other Asian and African countries were turned into jatropha plantations in the expectation that the oil derived from its...