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...

-The Hindu Business Line   The uncertainty over adopting agricultural biotechnology is in no one's interest, given the high food inflation and dependence on imports. With food inflation climbing once again above 10 per cent, it has become even more urgent for the government to provide a a clear mandate in terms of policy support, the technology options and requisite investment for domestic agriculture. Output growth, especially of proteins, has been decisively trailing...

-The Economic Times   The Orissa High Court on Friday stayed the acquisition of land for building the much-delayed 12-million tonne Posco project, dealing a further setback to the India plans of the South Korean steel major which has not been able to progress much for the past five years. In a ruling on Friday, the high court ordered status quo on the private land being acquired by the state government that...

One started reading the new Draft National Land Acquisition and Resettlement and Rehabilitation Bill 2011 with expectations of a great improvement over the 2007 Bills. There are indeed some very good features in the new Bill but, on the whole, one must regretfully report disappointment. Let us see how the Bill deals with some of the key issues involved. (i) Acquisition of agricultural land: The Bill rules out the acquisition, not...

Even as the area around Parliament was swamped by crowds of Anna Hazare's supporters, demanding a stronger Lokpal Bill on Wednesday, a small group of environmental activists staged their own demonstration against a different bill, the Biotechnology Regulatory Authority of India (BRAI) Bill, 2011. Science and Technology Minister Vilasrao Deshmukh was scheduled to introduce the controversial BRAI Bill in the Lok Sabha, but the House did not conduct regular business due...