Agriculture sector undergoes a historic change as livestock surpasses the economy of food grain Policy makers in India are finally acknowledging a structural shift in the agriculture sector they have been noticing for a decade. Economic contribution of livestock is today more than that of food grain crops. Traditionally, of the three components of the sector—crops, livestock and fisheries—crops drove the growth, and food grains are a major part of it....

To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...

-The Hindustan Times   Had the world's leaders decided to ensure that global warming would increase to 3 to 4 degrees Celsius, perhaps to 5 degrees Celsius, instead of the 1.5-to-20 degrees Celsius threshold (over preindustrial temperatures) that scientists believe earth can tolerate, they couldn't have acted more purposively than they did at the Durban climate conference. If this sounds like a harsh judgement that radically differs from the official spin that...

-The Business Standard   Economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...

French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...