A moratorium is not the magic bullet that can slay Bengal’s fiscal demons, several economists have said, pointing out that postponing the inevitable will be of little use unless backed up by a revenue mobilisation road map. Chief minister Mamata Banerjee had yesterday set a 15-day deadline for the Centre to announce a three-year moratorium on the payment of interest on the loans Bengal had taken. “A moratorium on repayment obligations can...

Rural India has been denied access to globalisation, penalising farmers and farm labour. For the farmer, the government's policy is best described as Dhritarashtra's embrace. After the Mahabharata war was over, the old king met his nephews, the victorious Pandavas, and embraced them, one by one, in a gesture of forgiving and affection. When, Bhima's turn came, the loving embrace was so tight that it crushed a metal dummy of the second...

-One World South Asia The World Bank signs an agreement with India to inject $ 352 million into the National Dairy Support Project, an initiative designed to revive the flagging fortunes of milk production in the country. Other than being crucial to the nutritional security of the country’s population; dairy farming or dairying is also a major source of livelihood for 147 million rural households in India. Spurred by the success of the...

The Centre for Science and Environment has extended its deadline for media fellowships 2012. If you have interest in environmental issues please go through the enclosed notification from the CSE and apply for the media fellowships. Terms and conditions are given below and can also be found on the CSE website (http://www.cseindia.org/).  For any clarification or more information please email or phone Papia Samajdar, or Souparno Banerjee at souparno@cseindia.org / 9910864339. The...

Each time 25 year old Salma takes her one year old son Zubair to the Batla Clinic (a private clinic in Delhi) for a shot of the DPT, the cost of transportation and the vaccine adds up to approximately Rs.500.   When it is time for Zubair to take the next immunization dose, Salma may find that the expenses have entirely spiraled out of her reach. New vaccines and expensive brands of baby...