Peruvian economist Hernando de Soto Turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

Even as the government is contemplating bringing in a new law to deal with the spurt in honour killings, reports by human rights organisations show that cold-blooded murders in the name of saving family pride had been prevalent in many parts of the world. Honour killings have been rampant in orthodox and socially backward groups in many countries including India, Bangladesh, Pakistan, Turkey, Jordan and the Palestinian Territories, they say....

A RESEARCHER WORKING on the State of Panchayats Report (SOPR) 2008-09 met Mahangu Madiya in Chhattisgarh’s Bastar district, a dangerous place for gathering data. Madiya’s story was startling. In January, he was given Rs 55 lakh compensation for his land, but the amount is sitting in his bank account. He does not even own a mobile phone. “I am concerned with farming. My land is important to me. What will I...

The planned National Food Security Act represents a unique opportunity to achieve gains with respect to the public distribution system. However, the current draft is a non-starter. When I first visited Surguja district in Chhattisgarh nearly 10 years ago, it was one of those areas where the Public Distribution System (PDS) was virtually non-functional. I felt constrained to write, at that time, that “the whole system looks like it has been...

A leading Dutch environment agency reported on Monday that the seminal 2007 UN scientific report on climate change is too generalized and has even more errors than discovered so far -- including one contributed by the agency itself. But the review by the Netherlands Environmental Assessment Agency claimed the errors had no effect on the fundamental conclusion by UN panel of scientists: that global warming caused by humans already is...