TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

A new 10-year blueprint for assisting the poorest countries on the planet to join the league of the more fortunate ones was approved Friday at the closing of the Fourth U.N. Conference on the Least Developed Countries (LDC-IV) held May 9- 13 here. The Istanbul Programme for Action, a 50-page plan negotiated for a week by heads of state and diplomats from both least developed and economically developed states, contemplates the...

Food minister K.V. Thomas is examining the possibility of bringing in a law to contain the wastage of food at weddings and other social gatherings. Will such a law be feasible, wonders Hemchhaya De The gala British royal wedding might have gripped the world, but are big, fat Indian weddings justified? It’s a poser that the Indian food minister, some senior Congress leaders and former bureaucrats are trying to deal with...

Representatives from 127 governments have agreed to add endosulfan to the United Nations' list of persistent organic pollutants to be eliminated worldwide. The action puts the widely-used pesticide on track for elimination from the global market by 2012. The decision was among more than 30 measures taken by Parties to the Stockholm Convention on Persistent Organic Pollutants to strengthen global action against POPs at their meeting in Geneva last week. The...

A transparent assessment of the costs and risks associated with India's ambitious nuclear plans must be made before any ground is broken at Jaitapur or elsewhere. You really have to hand it to the nuclear industry. In any other sphere of the economy, a major industrial disaster is likely to have adverse, long-term financial consequences for the company or companies whose product or activity was involved in the accident, regardless of...