-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

Araria, Patna: The Bihar government today suspended Raniganj (Araria) Circle Officer Ramvilas Jha, who is facing a probe for engaging middlemen and his relatives to purchase land plots at Kajra and Bistoria from farmers at dirt cheap rates and selling the same to the government at three to four times the price for its Mahadalit land scheme. Revenue and land reform department joint secretary Vijay Kumar Singh said the vigilance department...

-The Economic Times National Advisory Council member Aruna Roy has criticised the government for failing to deliver on land reforms. Criticising the UPA dispensation for not convening a single meeting of the National Land Reforms Council (NLRC) since it was constituted over four years ago, Roy on Monday told ET that this reflected an "absolute lack of intent and the symbolic manner in which governments respond to some the most basic...

Gosikhurd was sanctioned in 1983 and meant to irrigate 2.5 lakh hectares in Vidarbha As Manikrao Gedam sits outside his three-room house, he wonders how he has benefited by giving up his 10 acres for the Gosikhurd irrigation project at Bhandara in Maharashtra's Vidarbha region. For that matter, he wonders what anyone has gained from it. Today, he has nothing else, but the house in a resettlement colony; his sons are unemployed; and...

Revised draft water policy allows for subsidy to the poor and in non-commercial farming Public outcry against indiscriminate pricing of water and privatisation of water delivery services has forced the Centre to back off on both counts in its revised draft of the new national water policy, a copy of which is available with The Hindu . The revised draft, that incorporates suggestions from the public as well as state governments, allows...