Capitalism is supposed to bring in modernity, which includes a secular polity where ''babas'' and ''swamys'', qua ''babas'' and ''swamys'', have no role. Many have even defended neo-liberal reforms on the grounds that they hasten capitalist development and hence our march to modernity. The Left has always rejected this position. It has argued that in countries embarking late on capitalist development, the bourgeoisie allies itself with the feudal and semi-feudal...
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Cash cure for leaky PDS by Anirban Bhaumik
The Government proposal to make cash transfer in place of food grain to poor families has drawn mixed reactions. Raghuvir Nagar on the western outskirts of Delhi has of late turned into a turf for a war between two schools of thought. The war has not been limited to campaigns and debates and purportedly escalated to the level of allegations, even intimidation, so much so that the Government of the national...
More »UN report favours more investment in forestry sector
-The Hindu Investing an additional $40 billion annually in the forestry sector can halve the deforestation rates by 2030, increase the rate of tree planting by about 140 per cent by 2050, and catalyse the creation of millions of new jobs, according to a report by the United Nations Environment Programme (UNEP). Backed by the right kind of enabling policies, such an investment — equal to about two-thirds more than what...
More »Unusual asset by CP Chandrasekhar
Governments can acquire land for “public purpose” while making sure that the displaced are compensated, relocated and rehabilitated. THE violent conflict over land acquisition in Uttar Pradesh and the persisting resistance to land acquisition for the Posco project in Jagatsinghpur district of Orissa are merely recent instances that exemplify the growing stand-off between the Indian state and its people centred on land. On the one side are governments (both Central...
More »Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
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