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...power in 2004, Singh changed course and began an intensive effort to improve the lot of the nation's farmers. Between the 2003-04 and 2008-09 fiscal years, the central government's budget for agriculture quadrupled. Government schemes built rural roads to help farmers get their produce to market, forgave some of their debts and raised minimum purchase prices on cotton, rice and other crops. In 2005, policymakers launched the Bharat Nirman program, aimed at providing electricity, housing and irrigation systems to the country's farmers, and, a year later, the National Rural Employment Guarantee Scheme, which promised...

Author: /time Magazine | Title: Back to the Land: The New Green Revolution | 10/26/2009 | See Source »

...that. The Nagpur-based activist, whose organization, the Vidarbha People's Protest Forum, has championed the region's cotton growers, says that the package has alleviated some of the farmers' distress. But Tiwari says that more government intervention is needed to solve the real underlying problem: a global agricultural market rigged against the small tiller. While the costs of crucial inputs, like fertilizer, have been rising, global prices for cotton are being depressed to an artificially low level by U.S.-government subsidies for its cotton farmers - a one-two punch, he says, that makes profitable farming in Vidarbha practically impossible...

Author: /time Magazine | Title: Back to the Land: The New Green Revolution | 10/26/2009 | See Source »

...lawsuits against the government from the families of the 25 people who died and the 500 or so who were partly paralyzed by Guillain-Barré syndrome (GBS). Only one person died of the 1976 swine flu. It is wrong to suggest that the current vaccines being rushed to market are safe for general consumption. The public has a right to know that neurologists around the country have been alerted to watch for a rise in GBS cases. Barbara Savage, GATES...

Author: /time Magazine | Title: Green Heroes | 10/26/2009 | See Source »

...that the macroeconomists have exactly covered themselves with glory. Queen Elizabeth II wondered aloud late last year how economists had missed the problems that brought on the financial crisis. This September, economist Paul Krugman lamented "the profession's blindness to the very possibility of catastrophic failures in a market economy," unleashing a bitter debate over what the heck economics is good...

Author: /time Magazine | Title: Is the World Ready for Freakonomics Again? | 10/26/2009 | See Source »

...those two deductions alone would virtually pay for health-care reform. I recall the fear expressed when the removal of interest deductions for auto loans and credit cards was first discussed. The bottom did not fall out of those sectors. Nor will it fall out of the housing market...

Author: /time Magazine | Title: Inbox | 10/26/2009 | See Source »

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