In some remote villages in India, which are most unlikely to pose as models of development, a quiet rejuvenation is taking place, with communities learning to adapt to the climate change reality of the country today. Everyone knows by now that one of the foremost signs of climate change for the country is the changing pattern of the monsoon. The Intergovernmental Panel on Climate Change (IPCC) has already forecast shorter yet...

The government will soon have to decide on the proposal of direct cash payments in lieu of food subsidy as a key committee of Parliament has asked the ministries concerned to decide quickly on the issue. This cash payment through smart cards is increasingly being seen as an option to prevent leakage in the public distribution system (PDS), and certain variants of the system are already being experimented with by...

At a time when some of the poorest belts of India are suffering from a monsoon failure the government, has decided to let lakhs of tonnes of food grain turn inedible in the godowns rather than give it to the needy. Ironically, it has used the proposed National Food Security Act as an excuse to not distribute the grains to the needy. The Supreme Court in its last hearing had...

The Union government has been widely criticised for letting foodgrain rot in its godowns, while food prices soar and millions remain underfed. In its defence the government has spoken about the fiscal cost of selling these stocks. However, the underlying problem of excessive procurement and overstocking of foodgrain has not received as much attention. The government has claimed that official agencies have been mopping up over 99.5 per cent market...

Tight money policy means more capital inflows: ADB Lower middle class worst affected by inflation Infrastructure development, farm productivity can help With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September. Speaking to the media after the launch of the ADB's flagship annual statistical...