The European Commission recommended sweeping new changes to the European Union’s policy on the cultivation of genetically modified organisms (GMOs) on Tuesday, unveiling a proposal to grant individual member states the right to decide for themselves whether to allow their domestic farmers to grow the altered crops. “I think that this proposal reflects a balanced approach to a sensitive issue, in particular for European citizens,” European Health Commissioner John Dalli told...

One in four corporate titans worldwide view biodiversity loss as a threat to their business growth, according to a new United Nations-backed study released today. It found that more than half of chief executive officers surveyed in Latin America and 45 per cent of their counterparts in Africa see biodiversity decline as detrimental to profits, compared to less than 20 per cent in Western Europe. The publication also found that business...

For LPG and kerosene subsidy, government has to make up from petrol, says Montek Singh Ahluwalia he government should use its money on building schools and hospitals than subsidising oil companies, which were making huge profits because of grant, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. “The profits shown by the oil companies are largely due to subsidies. We are not supposed to be subsidising the oil companies ... we...

The fraught issue of introduction of Bt Brinjal has been shelved but all eyes are now set on the controversial Seed Bill 2010, likely to be tabled in the monsoon session of Parliament beginning July 26. The bill aims to regulate the quality of seeds for sale, import and export and to facilitate production and supply of seeds of quality, but fails to address a crucial issue — seed pricing....

The government has come forward with a proposal to replicate the Chinese Green Revolution model in the eastern states and promote hybrid rice on a mission mode in the region. Taking a leaf from success stories in China, the Ministry has also proposed a task force on promotion of hybrid rice and envisioned pushing for private sector participation. Although a section of environmental activists in Kolkata have already raised their voice...