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World faces 'water-energy' crisis, says UN report

-AFP Paris: Surging populations and economies in the developing world will cause a double crunch in demand for water and energy in the coming decades, the UN said Friday. In a report published on the eve of World Water Day, it said the cravings for clean water and electricity were intertwined and could badly strain Earth's limited resources. "Demand for freshwater and energy will continue to increase over the coming decades to meet...

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Why India needs a futures exchange for water? -Nilanjan Ghosh

-The Hindu Business Line The risk of water availability is a painful reality in south Asian agriculture including India. Any deviation from the monsoon causes problems for the farm community and poses threat to food security in the region. The variability in precipitation in India has actually increased in recent years. While comparing the variability of precipitation (given by standard deviation) between two phases, 1950-75 and 1976-2010, in two geographically dispersed districts...

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The wealth of forests-Sunita Narain

-The Business Standard It is an inconvenient truth that the poorest people in India live in the country's richest forests. The management of this green wealth has not brought any benefits to the locals Forests have been blacked out in the economic assessment of the country. The Economic Survey does not even list forestry as a sector, for which accounts are prepared. Instead, it is lumped together with agriculture and fisheries. In...

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The battle for water-Brahma Chellaney

-The Hindu With the era of cheap, bountiful water having been replaced by increasing supply-and-quality constraints, many international investors are beginning to view water as the new oil There is a popular, tongue-in-cheek saying in America - attributed to the writer Mark Twain, who lived through the early phase of the California Water Wars - that "whiskey is for drinking and water is for fighting over." It highlights the consequences, even if...

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Allahabad high court orders CBI probe into NREGA anomalies in UP

-The Times of India LUCKNOW: A Lucknow bench of Allahabad high court on Friday ordered the Central Bureau of Investigation (CBI) to probe into allegations of financial irregularities in MGNREGS in seven districts of Uttar Pradesh. Expressing displeasure over corruption in the scheme's implementation, the bench also directed the agency to hold preliminary inquiry into use of MGNREGS funds in other districts of the state. The court said the agency should conduct...

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