DEALS WITH MULTINATIONALS AND OTHER BIG AGRIBUSINESS COMPANIES A wide range of farmers’ organisations, Gandhian organisations, people’s movements and NGOs have united to oppose a series of disturbing agreements which the Rajasthan Government reached with various multinational and other agribusiness companies including Monsanto. These agreements, which greatly increase the control and influence of these companies over the agriculture sector in India’s biggest State (in terms of area), have proved so controversial...

India’s Supreme Court has questioned clearances to industries on the basis of environment impact assessments (EIAs) carried out by private consultants in the pay of project proponents. A special bench of the court led by Chief Justice S.H. Kapadia, that is hearing a petition challenging approvals granted to the French company Lafarge to mine limestone, likened the practice to "paying the piper to call the tune." Kapadia’s bench noted that every report...

There was a lot of apprehension before budget day regarding what the Union finance minister will do to reduce the deficit. Will he roll back the tax concessions implemented a couple of years ago as part of a fiscal stimulus package? Will he announce populist social sector spending in view of the major state polls coming up this year? Will he be too timid and not take any bold steps...

An estimated 75 per cent of the world’s coral reefs are threatened by local human activity, including over-fishing, coastal development and pollution, and global pressures such as climate change, warming seas and rising ocean acidification, according to a United Nations-backed report unveiled today. “Reefs at Risk Revisited,” launched today in Washington and London, says that if the threats to the reefs are not dealt with, more than 90 per cent of...

Faced with soaring food prices for the second time in three years, senior United Nations experts today called for greater investment in agriculture from both the public and private sectors to increase smallholder productivity.   “Policy-related solutions are also required to increase the longer-term resilience of global agriculture to allow greater levels of supply to markets as demand grows,” UN Food and Agriculture Organization (FAO) Senior Economist Jamie Morrison told a meeting...