The Indian government is exploring a proposal to reduce the limit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...
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45% of farmers want to quit farming: Swaminathan by K.V. Kurmanath
Prof M.S. Swaminathan, the father of Green Revolution and Chairman of National Commission on Farmers (NCF) that called for revamp of policies to revitalise agriculture, says agricultural sector in India is entering a state of serious crisis. Quoting figures from National Sample Survey Organisation, he says half of the farmers in the country want to quit farming. Prof Swaminathan, who was here to deliver the Convocation Address at the Acharya N.G....
More »Study calls for nuke plant pause by Satish Nandgaonkar
A social impact assessment report has slammed the 9900MW Jaitapur nuclear power park proposed in coastal Konkan, saying it would have a negative social and environmental impact on nearby villages. The 40-page report, compiled by a disaster management centre of the Tata Institute of Social Sciences, has analysed the social impact the project would have on seven villages where the Nuclear Power Corporation of India Ltd will acquire about 968 hectares. The...
More »‘Killer dust' threat looms over Marwan despite protests by Shoumojit Banerjee
Proposed asbestos project could lead to a ‘Turner & Newall' epidemic There is a spectre over the verdant fields of Bihar's Muzaffarpur district, hitherto suppressed by the clamour and euphoria of Chief Minister Nitish Kumar's massive electoral mandate. Its cause is asbestos — the magic mineral, paradoxically known by its more sinister monikers of the “killer dust” and “the silent time-bomb.” In November last, the Kolkata-headquartered Balmukund Cement & Roofing Ltd. (BCRL) proposed...
More »Managing the anticipated food crisis by MS Swaminathan
FAO has warned that 2011 may witness a global food crisis. Proactive action is needed to meet the challenge of price volatility, chronic hunger, agrarian despair and climate change. The Food and Agriculture Organisation of the United Nations (FAO) has alerted developing countries about possible steep rises in food prices during 2011, if steps are not taken immediately to increase significantly the production of major food crops. According to FAO, “with...
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