-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...

Those who compare India with China on equal basis, could be left with egg on their face if the new Global Food Policy Report 2014-15 is to be read and believed. The recent report from International Food Policy Research Institute (IFPRI) shows why India is still faring much worse as compared to its neighbours including China, in the areas of agriculture and food security. In 2012, China spent close to...

-PTI   Climate change will have a "considerable" impact on the dynamics of the river Ganga, affecting a major portion of north India which is directly dependent on it for its agriculture and industrial needs, a recent study said. In a study conducted by researchers at the Indian Institute of Science (IISc), Bangalore, on how the stream-flow in the basin would change under the changing "land use pattern" and "climate", it was found...

-The Times of India CHANDIGARH: Five companies, including Robert Vadra's Skylight Hospitality, bought licences to build colonies from the Haryana government for Rs 52.26 crore. They went on to sell these licences to other companies at a massive premium and collectively earned Rs 267.47 crore in a short span of time. But the profit of Rs 215.21 crore wasn't shared with the department of town and country planning despite bilateral agreements...

-The Telegraph Shillong: The National Green Tribunal (NGT) today allowed transportation of coal from Meghalaya while refusing to lift the interim ban on the mining of the "black diamond". After a series of hearings, the tribunal's principal bench provided partial relief to coal miners by permitting them to pay royalty on the extracted coal within 21 days from today. Transportation of the mineral would carry on until May 31, the bench ruled. "The...