A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...
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It simply can't fail-Abhijit V Banerjee, Pranab Bardhan, Ashok Kotwal, Milind Murugkar & Bharat Ramaswami
The National Food Security Bill has the potential to make a significant difference to the lives of the poor if properly implemented. However, the Bill in its present form has some easily correctible flaws that could cause huge problems in the fuTure. A couple of simple amendments would greatly simplify the implementation and also allow innovation in the delivery of food subsidy. First, the proposed framework based on three categories of...
More »Cancel Dow sponsorship, government writes to IOC by KP Mohan
-The Hindu The Union Sports Ministry has written to the International Olympic Committee (IOC), urging it to cancel the sponsorship of Dow Chemical for the London Olympics. In a letter, dated February 24, to IOC president Jacques Rogge, the Ministry's joint secretary Rahul Bhatnagar said that such a step by the IOC would assuage the “feelings of millions of people” and send a strong message the world over for upholding the noble...
More »CCI imposes Rs 165-cr penalty on 48 LPG cylinder makers
-PTI The Competition Commission of India (CCI) today imposed a penalty of Rs 165.58 crore on 48 LPG cylinder makers for forming a cartel while bidding during the tenders floated by Indian Oil in 2010-11. The competition watchdog imposed the penalty after finding them guilty of manipulating the bids and quoting "identical rates in groups through an understanding and collusion action". The ruling was based on the findings of the CCI's Director General...
More »Seed companies reap rich harvest on Bt cotton wave by Sanjeeb Mukherjee
Bt cotton has doubled the seed industry and boosted the fortunes of seed firms. But yields still need to improve In the last 10 years, Bacillus thuringiensis (Bt) cotton and its impact on farmers has perhaps been the most talked about topic in Indian agriculTure since the ‘Green Revolution’ of the 1960s and 1970s. Not only has farmers’ income from growing Bt cotton risen by almost 67 per cent in the...
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