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...
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Azad rules out coercion to stabilise population
Union Health and Family Welfare Minister Ghulam Nabi Azad on Sunday ruLED out any coercive policies to stabilise population and said awareness among the people of the benefits of small families was the most effective way to achieve the goal. Speaking at a function to flag off a run to mark the World Population Day, the Minister said population stabilisation was extremely important, given that India has a share of 17...
More »Rising milk prices: Common man suffers again
Following a hike in the prices of petrol, diesel, gas, milk prices have also gone up. Between January 2007 and March 2010 the price of milk rose seven times in Delhi. The story is similar elsewhere in the nation too. In the last one year, prices increased from Rs 17 to Rs 22 a litre. In some cities, like Mumbai, the rise has been steeper. Earlier, it was pulses that were burning...
More »Law to ensure cheap grain for poor
The government will enact a legislation to ensure subsidised wheat and rice to the poor, finance minister Pranab Mukherjee said at a seminar titLED Bringing Green Revolution to Eastern States. “We are committed to enacting a legislation on food security (calLED National Food Security Act). But to make it successful, we need to produce more, procure more and strengthen the delivery mechanism for making foodgrain accessible to the poor at affordable...
More »BJP model for blanket food bill by Radhika Ramaseshan
The radicals in the Sonia Gandhi-LED National Advisory Council (NAC) are unlikely to give in to the conservatives’ case against the universalisation of food subsidy. They insisted that not only was universalisation theoretically possible but it also worked “successfully” on the ground. In what could make the Centre squirm, they cited BJP-ruLED Chhattisgarh as an example of what an inclusive public distribution system (PDS) could do. An indication that the NAC’s radicals were...
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