Around two decades ago, Lawrence Summers, then World Bank chief economist, outraged many when he argued in an internal memo that the economic logic behind dumping toxic waste in low-wage countries was “impeccable”. His rationale: less developed countries are “under-polluted” and that “foregone earnings from increased morbidity and mortality” would be lesser in countries with lower wages. Cut to now and the thing to ask is: does India too believe...
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On environmental violation
Long-term greedy is a term that a Goldman Sachs partner made famous, by way of self-definition . It is as good a description as any of making profits in a sustainable fashion. Lafarge displayed short-term greed when it violated the law in obtaining forest clearance for a limestone mining project in Meghalaya’s Khasi hills, to supply raw material for its own cement plant in neighbouring Bangladesh. It described the mining...
More »If they were crooks, wouldn't they be richer?
INSIDE his hovel of branches and rags, a grizzled pauper called Badshah Kale keeps a precious object. It is a note, scrawled by a policeman and framed by Mr Kale, proclaiming that he “is not a thief”. For members of his Pardhi tribe, who are among some 60m Indians considered criminal by tradition, this is treasure. Squatting beside Mr Kale, on a turd-strewn wasteland outside Ashti, a village in India’s western...
More »Khap fear has rattled Dalits fleeing Haryana villages
The fear of khap looms large over Haryana with 40 members of the Dalit (Valmiki) community at Mirchpur village in Hisar district — where two people were burnt alive by Jats last week — fleeing their homes, rattled by khap support of Jat violence against them. Their fears were compounded on Sunday when, in a khap meeting in Jind, 300 khap representatives called for intensifying the agitation against the Hindu...
More »Work out a bankable plan by Devinder Sharma
At a time when granaries are overflowing, and stockpiles of food are rotting in the open, India is preparing to bring in a National Food Security Act. Saddled with the world’s largest population of hungry and malnourished, the draft bill certainly provides a ray of hope for the hungry millions. If enacted properly, it can turn appalling hunger into history. But if the intention is to only repackage old wine in...
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