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‘Budget aims to raise farm yield, lower ecological Damage’

Food security and organic farming can go hand in hand. Union Finance Minister Pranab Mukherjee today gave a green signal to efforts under the National Mission for Sustainable Agriculture to promote green manuring and organic farming while talking about bringing in the Food Securtiy Act this year, settling the debate on high pesticide and chemical fertiliser use in Punjab and Haryana. He said his government is mulling to also bring urea,...

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Development not at the cost of ecology: Jairam by Manas Dasgupta

Agitations show people don't want blind development Launches research centre on marine bio-diversity Minister of State for Environment and Forests Jairam Ramesh on Wednesday criticised the country's “blind development plans” at the cost of ecological balance. “I am not against development but it should not be at the cost of our environment. We are presently following development plans blindly which can only lead to Damage of the environment with ultimate impact on the...

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Forests and the development debate by Mukul Sanwal

The GoM to determine the norms for coalmine clearance in reserve forests, largely in tribal areas, and the parallel exercise to give back forest lands to tribals is not about the environment, but about forest policy. The divergence of interests between national use of forests, ecological balance and needs of local people should be recognised. However, the tribal affairs ministry is responsible for the Forest Rights Act and the coal...

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Dirty secret of India’s political economy

The Economic Survey tucks away a little, dirty secret of India’s political economy in a box on power sector reform. The losses of state electricity boards, says the Survey, are now about 1% of GDP, which would translate to about Rs 78,700 crore this year. The government stopped publishing a table on this vital parameter a couple of years ago but the problem has only continued to grow in shade...

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What does Congress stand for? by Arvind Subramanian

Larry Summers, the recently departed Chairman of US President Barack Obama’s National Economic Council, posed the following question before his trip to India last November: “What is the self-perception of the Congress as a political party?” In fact, this broad question provokes three specific ones in the domain of economics. Is the Congress the party of Jagdish Bhagwati or Amartya Sen; Nehru or Indira Gandhi; or Aruna Roy or Nandan...

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