Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
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Jolt to Krishna as HC allows probe into illegal mining case
-The Times of India The Karnataka high court on Friday allowed investigation against external affairs minister SM Krishna and JD(S) leader HD Kumaraswamy responding to a private complaint about illegal mining. Partly allowing their petitions seeking the quashing of the complaint, Justice N Ananda ordered the continuation of Lokayukta investigations in respect of Krishna dereserving forest land for mining and Kumaraswamy favouring a firm. The judge observed: "The dereservation was in contravention of...
More »Sword over 78 lakh trees for Tipaimukh by Roopak Goswami
Seventy-eight lakh trees will be chopped as part of the forest clearance process for the 1,500MW Tipaimukh hydroelectric project in Manipur, an exercise that Prime Minister Manmohan Singh says will be taken up for “national interest”. The project, which has been in the eye of controversies following opposition from Bangladesh, has received support from the Centre, which has promised not to take any steps that would adversely affect the neighbouring...
More »India’s forest cover falling: Study by Dipak Kumar Dash
India's forest cover has declined by 367 sq km between 2007 and 2009. While the figure may not seem alarming, it runs counter to the impression that afforestation and conservation programmes are yielding results. The largest dip in forest cover was in the northeast which lost 550 sq km. This loss was very partially made up elsewhere, even as there was an overall negative growth in green cover. There was better...
More »Flamingos slaughtered for meat in Kutch
-The Times of India Wildlife experts and enthusiasts from around the world will congregate in the air-conditioned environs of Mahatma Mandir in Gandhinagar as part of the Global Bird Watcher's Conference on January 19. But it would make more sense if they met in the marshlands of Kutch and surrounding areas, which have become a graveyard of some of the most endangered winged species in the country - flamingos. Conservation activists have...
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