Over 25 million more children will suffer from malnourishment by 2050 due to effects of climate change and India will be one of the worst affected in the Asian region, a report by the International Food Policy Research Institute said on Wednesday. However, the study finds that the scenario of lower yields, higher prices, and increased child malnutrition can be averted with $7 billion additional annual investments in rural development...

The spectre of inflation has returned to haunt India. It is not even six months since the United Progressive Alliance (UPA) government returned to power but its inability to control food prices is arguably its single biggest failure till now. The inflation rate will eventually come down sometime in the (hopefully) not-too-distant future and the government will surely take credit for bringing prices down as and when that happens. But...

It came as no big surprise to anyone at all that US President Barack Obama made a speech filled with noble intentions, but very little concrete action, on the issue of climate change at the Climate Change Summit, which just concluded in New York. Environment activist had great hopes that the US President would think "out of the box" and take the lead in ensuring that the US, one of...

Between 2005 and 2007, the world saw doubling of the prices of wheat, coarse grains, rice and oilseed crops and they continued rising in early 2008. It has been predicted by an OECD study (2008) that on average over the coming ten-year-period, prices in real terms of cereals, rice and oilseeds are projected to be 10% to 35% higher than in the past decade. This means more trouble for the...

India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...