The Union budget estimates the nominal rate of growth for the Indian economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...

Investments in agriculture in developing countries can be structured in a way that they become an alternative to large-scale land acquisitions to ensure that small-scale farmers do not lose their land rights, according to the findings of a United Nations-backed study released today. International initiatives on agricultural investments should go beyond trying to minimize the negative impacts of large-scale land acquisitions and, instead, promote investment models that improve opportunities for...

In India, of the total cultivated area of around 140.30 million hectares only 60.86 million is irrigated and remaining 79.44 million hectares is rain-fed. Rain-fed crops account for 48 percent area under food crops and 68 percent of the area under non-food crops. Irrigated land accounts for nearly 55 percent of food production while rain-fed contributes just about 45 percent. Rain-fed farming is risk prone and is characterized by low...

The world needs to act quickly to counter the erosion of species. The task is particularly important for India, one of the 12 mega-biodiversity centres.  May 22 marked the International Day for Biological Diversity. It commemorates the adoption of the Convention on Biological Diversity (CBD) that day in 1992. As of December 2009, exactly 192 countries and the European Commission were signatories to it. This year has been declared the...

The task of providing water where needed is becoming increasingly difficult across the world. Countries have, in recent decades, been investing in infrastructure designed to alleviate water shortages. But the response has, for the most part, overlooked the problem posed by the deteriorating state of aquatic resources. If the growing crisis is to be effectively addressed, water use needs to be linked with environmental care. In many places, even where water...