A large number of villagers who have been opposing land acquisition for the proposed 12 million tonne capacity steel plant project of Posco-India Private Limited in Orissa are now in no mood to give up their struggle already in its sixth year. A day after Union Environment and Forests Minister Jairam Ramesh granted conditional clearance to the company's steel-cum captive power plant and a captive minor port, hundreds of men and...

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...

Thiruvoipati Nandakumar How is better delivery expected by allocating more foodgrains, when the system is not equipped to handle even the current level of allocation? The debate about the proposed national food security act seems to be centred on the magnitude of the allocation of food grains. But the issue is far beyond only foodgrains. It is about improving health, sanitation and nutrition standards so that India’s human development goals can be...

The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

Introduction of sugarcane harvesters in Punjab may be the answer to the acute shortage of agricultural labour in the state. The Punjab government has decided to promote harvester use in a big way and has offered a subsidy of 25 per cent on the Rs 1-crore harvester. The sugarcane harvester imported from Australia is useful on all types of landholdings, including small and medium sized landholdings, and is capable of...