On the day when the commercial release of Bt Brinjal was recommended by the Genetic Engineering Approval Committee, the Indian Agricultural Research Institute (IARI) denied that Pusa Basmati 1121 rice (exported to the Middle East) was genetically modified as reported in a section of the Iranian Press. Obviously, the genetically modified rice has no export market, and attempts to brand Pusa 1121 as such were done on trade considerations to...

Fairness in land acquisition is difficult to achieve A market’s charm, leaving out cases of distress sale, lies in the fact that it ensures for individuals the right to refuse unacceptable transactions. This observation, though pedestrian, has implications for the controversies surrounding the use of agricultural land for industrial growth in Bengal. Indeed, many — the present author included — have argued in favour of land acquisition through markets, for...

Growing numbers of elected representatives fund their poll campaigns with corporate backing. And growing numbers of people with a big business background have ventured directly into the electoral arena.  Corporate Affairs Minister Salman Khurshid’s call for restraint, however mild, on the CEO feeding frenzy at the compensation trough, seems the least objectionable statement made by a Minister in months. (Contrast this, for example, with the Agriculture Minister’s warning that people...

NEW DELHI: Floods that have ravaged parts of southern and western India is likely to hit the grain production in the country, leading to higher prices of essential commodities such as rice, pulses, jowar, bajra and certain category of vegetables. While the extent of the damage caused by the sudden burst of floods in Karnataka, Andhra, Maharashtra and Goa is yet to be assessed, the governments at the Centre and...

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...