The Budget should be an instrument of economic discipline and a promoter of healthy social development. As it is, it is like a leaky tap; it cannot halt inflation without disciplining political skulduggery. March 21, 2011:   A lot has been written about the Budget, how it affects this or that industry or business, or how it will increase or decrease the GNP growth rate. Undoubtedly, all those factors are important. But...

With 1.8 billion people threatened by absolute water scarcity by 2025, and two-thirds of the world’s population facing potential shortages, countries must better protect and manage forests to ensure the provision of clean water to vulnerable communities, a United Nations-backed forum warned today. “Forests are part of the natural infrastructure of any country and are essential to the water cycle,” said UN Food and Agriculture Organization (FAO) Forestry Department Assistant Director...

Food inflation, hovering in the double digits, may play spoilsport to India’s ability to continue its rapid economic growth. It is truly troubling that food still consumes half of the expenditure of the average Indian household. No wonder a sharp spike in onion prices has the potential to upset the political calculus of social stability. India’s biggest challenge still remains ensuring food and nutritional security to its masses. Notwithstanding the nation’s...

Forty years ago Monkombu Sambasivan Swaminathan helped rescue the world from growing famine and a deepening gloom over the future of food supplies. Today, public policy projects itself as pro-farmer but it does it half-heartedly, complains Swaminathan. M S Swaminathan, member of the National Advisory Council and father of the Green Revolution says the government's allocation for agriculture is insignificant. Doesn't the Union Budget reflect a new focus on agriculture?...

“We have considered the interest of the farming community” Agriculture Minister Sharad Pawar on Friday admitted in the Rajya Sabha that 67 pesticides banned or restricted in a number of countries are being freely used in India. Replying to questions during question hour, Mr. Pawar said 27 pesticides, including calcium cyanide, have been banned for manufacture, import and use in India. Nicotin sulfate and captafol have been banned for use but their...