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UN food and agriculture agency warns about negative impact of food speculation

-The United Nations The world needs to take a hard look at speculation on the financial markets and its potential impact on food price volatility, the head of the United Nations Food and Agriculture Organization (FAO) said today. “Excessive food price volatility, especially at the speed at which price swings have been occurring since 2007, has negative impacts on poor consumers and poor producers alike all over the world,” FAO’s Director-General, José...

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Bihar to spend in 5 years what Gujarat did in 50 years-Pradeep Thakur

-The Times of India An ongoing exercise at the Planning Commission lays bare Bihar's ambitious growth agenda. Its total plan outlay for the 12th five-year plan (2012-17) at Rs 2.69 lakh crore is more than what a fast growing state like Gujarat has spent in the last 50 years. Bihar's projected expenditure in the next five years will be the third highest among all states, next only to Andhra Pradesh and Maharashtra. The...

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New law to give states say in land buys

-The Hindustan Times To maintain a fine balance between allies’ pressure and investors’ sentiments, the UPA government will let states decide their own limits on acquiring land for private projects. In its ambitious Land Acquisition, Rehabilitation and Resettlement Bill, 2011, the Centre has bypassed recommendations of a parliamentary panel and will give states the power to fix their own ceilings. The draft bill prepared by UPA-1 ran into a hurdle over the...

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10 die per week in drug trials in India

-The Indian Express The government will be analysing mortality figures during drug trials in India following WHO data showing that 2,031 people died between 2008 and 2011 in such trials in the country. That amounts to about 10 people per week, or more than one person a day. At the same time, the data shows that only 1.5 per cent of clinical trials held across the world so far (2,770 of 1,76,641)...

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Land ahoy for sinking Majuli-Barnali Handique

-The Telegraph Guwahati: All is not lost for Majuli, although the island on the Brahmaputra in Jorhat district has lost enough already. Experts today said there was no danger of the island disappearing from the face of the earth completely, as new land masses were coming up. “It is true that the Brahmaputra has eroded a substantial portion of Majuli over the years, but historically, it is equally true that soil is getting...

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