The Central Statistical Organisation estimate of overall GDP being likely to grow at 7.2 per cent this year has brought back the confidence of the industry and policymakers that the economy has truly turned the corner. But the growth of the farm sector is almost flat (-0.2 per cent), though this too is a pleasant surprise given that it was exposed to the worst drought since 1972. The real worry...

The controversy around Bt brinjal has served at least one good purpose. The government has fast-tracked the process of setting up a biotechnology regulator. A regulatory authority is to be set up under an Act of Parliament. A longstanding proposal that has been gathering dust in the Department of Biotechnology has seen the light of day. The Union Cabinet is expected to consider this proposal and bring it to Parliament....

The agriculture ministry’s revised farm output projections for this year, indicating just about a 7.5 per cent downturn in foodgrain production despite the worst drought in recent years, lend themselves to some significant inferences. For one, the performance of the crops has turned out to be far better than what was feared. The earlier projections, released in November last, had put the likely crop loss at over 21 million tonnes,...

A vital study cited by Environment Minister Jairam Ramesh to justify his decision to disallow the commercial cultivation of Bt brinjal in India is flawed, claim top European scientists. While making his announcement on Tuesday, Ramesh had referred to the findings of France-based Caen University professor Gilles-Eric Séralini and his team, which had branded Bt brinjal — India’s first genetically modified (GM) food crop — “unsafe”. HT, in December 2008,...

Agriculture scientist and Rajya Sabha member M.S. Swaminathan on Tuesday described the government’s moratorium on commercialisation of Mahyco’s Bt brinjal until independent studies established its safety, as “a wise and appropriate decision.” He said it was appropriate not to hurry and to look at the problems to the satisfaction of all. The government should utilise the time to put in place a credible, effective and transparent system for the benefit of...