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Too Much Goodwill by Pragya Singh

NGOs To No Go’s     * NGOs have mushroomed; so have instances of misappropriation of funds     * Not disclosing expendiTure and receipts; nor revealing who funds them     * Not setting up NGO for the task it was funded for     * Flocking to 'hot' topics, inviting accusations of singing to industrialists’ tunes     * For every NGO supporting a cause, another springs up against that cause *** NGO numbers     * 3.3 million Number of NGOs...

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The Green Turns Grey by Anuradha Raman

The environment minister promised much, but his flip-flops of late raise concern Mr Compromised     * Vedanta In ’09, Jairam said no to mining. Now says yes to refinery expansion though water is scarce.     * Polavaram dam Gives forest clearance, then seeks explanation     * Posco Under litigation as the ministry says yes to forest clearance for iron ore/steel plant     * Lavasa township Ministry report says ecologically sensitive Ghats will be affected....

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Rampant Speculation Inflated Food Price Bubble by Stephen Leahy

Billions of dollars are being made by investors in a speculative "food bubble" that's created record food prices, starving millions and destabilising countries, experts now conclude. Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their bonuses before the inevitable collapse of...

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Jobless despite growth

The world economy may have Turned around from one of the worst economic recessions that left it scarred in 2009 but things still look far from being radiant as global unemployment remains at a record high for the third consecutive year. If Global Employment Trends 2011, published by International Labour Organisation, is anything to go by, then low job creation remains a major stumbling block in the global economic recovery....

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ReTurn of the desi cotton by Vivek Deshpande

Indian cotton was once infamously plundered by the British to benefit their finished goods economy back home. The world-famous Dhaka muslin were woven with desi cotton. But while the foreign regime kept the Indian cotton alive, albeit for its own gains, independent India presided over its complete decimation. However, after about 50 years of domination of American cotton that had edged out the desi varieties for long, the Indian Council of...

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