The government has approved Rs 350 crore scheme to study impact of climate change on agriculture and reduce production losses. Approved by the Cabinet Committee on Economic Affairs, the main objective of new plan scheme ‘National Initiative on Climate Resilient Agriculture’ is to assess impact of climate change on agriculture and allied sectors in the country and evolve cost-effective adaptation and mitigation strategies. The scheme will be implemented in the remaining part...

The economic resolution adopted by the All India Congress Committee at the Burari session is a reiteration of the party’s last two election manifestos. It combines a commitment to rapid economic growth with that to redistributive policies that would help make the growth process socially inclusive. There is a helpful explanation of the three sources of inflation — excess demand, improved prices to farmers and global commodity price inflation —...

A whopping 59 million tonnes of fruits and vegetables go wasted in the country in a year due to lack of proper cold storage infrastructure, Minister of State for Food and Agriculture K V Thomas said today. Speaking at a CII-organised Cold Chain Summit, Thomas said that India produces 68 million tonnes of fruits and 129 million tonnes of vegetables in a year, being the second largest producer in the world....

Lobbyist Niira Radia , who’s in the eye of major storm over her taped telephonic conversations with a wide variety of people, including politicians, corporates and journalists, was on Tuesday grilled by the CBI over her alleged involvement in swinging commercial deals which smacked of a quid pro quo. A three-member CBI team subjected Radia to an intense questioning at her Chhatarpur farmhouse in south Delhi this morning. The interrogation, which...

Retail giants pushing the European Union-India free trade deal promise consumers a "new and dynamic retail experience" but ignore the fate of India’s "mom-and-pop" stores and some 40 million people they employ. Four years in the making, the EU-India Bilateral Trade and Investment Agreement made serious headway during Indian Prime Minister Manmohan Singh’s visit to Brussels Dec. 10 and is due to be signed and sealed early 2011. But the negotiations have...