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Jharkhand: Economic Growth for Whom? by Girish Mishra

As far as natural resources like minerals, land and water are concerned, Jharkhand is among the richest States of India. Yet, its people are among the poorest. Mind you, almost 30 per cent of them are tribal. Out of the total population of 288.46 lakhs, 223.1 lakhs live in rural areas and only 65.36 lakhs are urban dwellers. Even a cursory glance is sufficient to convince that most of the...

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Of money, greed and risk-loving CEOs by Jayati Ghosh

This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...

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Climate change will hit small farmers most: Pawar by Gargi Parsai

Small and marginal farmers would be the worst sufferers of climate change, Union Minister for Agriculture and Food Sharad Pawar said here on Wednesday. “In the wake of water scarcity, erratic rainfall and changing temperature regimes, in addition to prevalent diseases and threat of new race of wheat stem rust Ug99, small and marginal farmers will be challenged. With the cost of cultivation already high, even a slight reduction in productivity...

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Receding hopes

The World Trade Organisation’s seventh ministerial meeting held earlier this month at Geneva ended without anything substantial to show. But then the meeting was not meant to be “a substantive negotiating round.” It did not face the kind of controversies that marred previous ministerial meetings at Seattle (1999) and Cancun (2003), which collapsed amidst intense acrimony. At Geneva, trade ministers were given an agenda that deliberately skirted the subst antive...

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Why did Copenhagen fail to deliver a climate deal? by Richard Black

After Copenhagen, there is no “developing world” — there are several.  About 45,000 travelled to the U.N. climate summit in Copenhagen — the vast majority convinced of the need for a new global agreement on climate change. So why did the summit end without one? Key governments do not want a global deal: Until the end of this summit, it appeared that all governments wanted to keep the keys to...

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