Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...

A report from a sample survey of the functioning of the public distribution system in 12 villages in two districts in Orissa, a state usually associated with a poor PDS. While there are errors in exclusion and inclusion of households covered, there has been a vast improvement in operation of the PDS; below the poverty line households seem to be receiving their entitlements. The households also express a strong preference...

-The Telegraph   The Centre tonight banned onion exports to check rising retail prices, re-imposing the curbs only six months after it lifted them following a dip. At the same time, it lifted four-year restrictions on overseas sale of wheat and non-basmati rice to ease storage problems following record production last season. “Onion exports have been banned with immediate effect. The ban will be reviewed on a fortnightly basis,” food minister K.V. Thomas said...

-The Economic Times   The government has defended its new land acquisition bill as industry-friendly, refuting criticism that provisions contained in the legislation were retrograde and would push up costs for state-run and private companies. Industry groups had slammed the new Land Acquisition, Rehabilitation and Resettlement Bill (LARR) 2011, cleared by the cabinet earlier this week and tabled in parliament on Wednesday, saying it was "burdensome" and "anti-development". But Rural Development Minister...

What is government planning to do with the Public Distribution System (PDS)? The answer lies in an old adage: Give a dog bad name and hang him! The common impression is that the PDS is not working because of pilferage and hence it is taken as a foregone conclusion that it needs to be replaced with cash transfer. Two empirical studies conducted recently, one of them by noted economists Jean Dreze...