aug 28th, 2007
one of the unintended consequences of bio-fuels: rising food prices.
india has no alternative but to focus on agricultural productivity. the old green revolution has run its course, and the water tables are alarmingly depleted; and the expected investment in production from the new, more efficient retail chains is being stalled as retailers rethink in the wake of mayavati's edict shutting down the big retail shops.
looks bad, all told.