Though India has registered a record wheat and rice output, yields of major crops are much lower when compared with the production developed countries. According to the latest report of UN's food and agriculture body FAO, India lags behind badly in world average yield of rice, cotton, pulses while in wheat it is close to the global benchmark.  The FAO report relates to authenticated data up to year 2010. India is...

South Korean steel maker Posco may have to start its bid to enter India from scratch, letting six years of preparatory work go to waste. A top tribunal has cancelled environmental approvals given by the government last year for the company’s $12 billion (around Rs61,440 crore today) steel plant in Orissa and ordered that the environment ministry review the entire project afresh. The tribunal said environmental clearances have been accorded in...

Swaminathan Anklesaria Aiyar (TOI March 25 and ET March 28) has strongly defended the Planning Commission's stance that there is nothing amiss with the poverty line drawn at Rs 22.40 in rural areas and Rs 28.65 in urban areas (down from initial estimates of Rs 32 and Rs 26, respectively). Let us discount the copious tears being shed by various politicians and their parties on this new line of poverty...

Seven months after police fired at villagers on the Pune-Mumbai expressway killing three of them, 48 farmers summoned on Friday for questioning for their alleged in violence during the incident were arrested, produced in court and sent to jail. The farmers, who assumed that they were being called for routine questioning, were taken aback after the arrest. They have been booked under IPCs several sections like attempt to murder, rioting,...

-The Business Standard   Learning from the jatropha mistake The tropical shrub jatropha curcas, touted a decade ago as a commercially feasible source of biofuel to alleviate the global energy crisis, seems to have let its proponents down quite comprehensively. Millions of hectares of land in the arid areas of India and in many other Asian and African countries were turned into jatropha plantations in the expectation that the oil derived from its...