July rains have been very good, which augurs well for the agriculture sector. June shortfall was threatening the worst case scenario. (more…)

Arvind Panagariya in his article in the ET has advocated that India should take a very hard stance at Copenhagen and refuse to accept mitigation obligations.  http://economictimes.indiatimes.com/Say-No-at-Copenhagen/articleshow/4809521.cms His point against tariffs on  countries that do not introduce caps on carbon emissions is well taken. However, by advocating an intransigence stance he is ignoring the fact that this is not a good negotiation posture. (more…)

China’s GDP growth this quarter has surprised analysts. (more…)

There is a big conflict between current reality and goals of sustainable tourism development. One of the key issues that led to the rise of the need for the sustainable tourism development was leakage of revenue from the tourism destinations. This leakage was/is due to the very simple reason that the major enterprises are owned by non-locals. (more…)

Adaptation to climate change is perhaps one of the most issues of daily life, especially for countries like India, where more than 60% of the population depends completely on agriculture sector. Apart from the issue of food security the concern is also the reduction in production of other crops. Already the food crop production in India has been lowered by about 18% due to erratic rainfall caused by changing climate. (more…)