The Planning Commission has approved irrigation projects worth an estimated Rs.2 trillion over the past year-and-a-half to bolster India’s food security, but analysts say most of the money will not be utilized because of corruption and poor execution. A total 141 projects costing Rs.1.3 trillion were cleared in 2010 alone, according to an internal Plan panel paper on investment clearance of flood control, major and medium irrigation projects and renovation and...

Studies by the India-Brazil-South Africa (IBSA) Academic Forum on food security issues in the three countries suggest that providing food access works best when backed by cash transfers. A paper on food security brought out by the UNDP’s Brasilia-based International Policy Centre for Inclusive Growth (IPC-IG), under the Forum, shows that despite the great strides in food production made by India people in this country are just not eating enough. Citing indices...

Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...

The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it. AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa. At one level, this process is simply following the hoary old tradition in global capitalism of firms (often supported...

Long promised by the UPA government, the food security bill will be tabled in parliament in December this year. However, the National Advisory Council (NAC), which drafted the proposal, is tussling with the government over the “dilution and misdirection” of the Bill. The final Bill diverges from the original NAC draft on key issues: adoption of alternatives to the PDS such as cash transfers, the risk of inflation due to...