There is clearly a direct trade-off between exploitation of natural resources and conservation of environment and human habitat . In the past, due to lower environment consciousness, the trade-off was always decided in favour of exploitation. This is deplorable. Yet, environmental fundamentalism can also exact a high cost that will prevent a number of people to remain without access to basic necessities of life. This apparently intractable trade-off has to be resolved....
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Her Sinister Ring Tone by Shantanu Guha Ray
NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...
More »2G scam sideshow: Netizens lambast high-profile journalists
The people are showing who the boss is. The weapon in their hands is the internet, which, in the last five days, has seen frantic activism against "power brokering" by journalists in collusion with corporate groups and top government politicians. It all began with the publication of sensational tapes related to the 2G spectrum scam by two magazines over the weekend. Two high-profile journalists, Barkha Dutt and Vir Sanghvi, whose names...
More »India Microcredit Faces Collapse From Defaults by Lydia Polgreen and Vikas Bajaj
India’s rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India’s largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor. The crisis has been building for weeks, but has now reached a critical stage. Indian banks, which put up about 80 percent of the money that the companies...
More »Brinda opposes injectable contraceptives plan
Writes to Azad expressing concern over its inclusion in public health programme The Union government's decision to allow the use of injectable contraceptives, as part of the public health programme in the country, would be a harmful step that will affect the health of women, Member of Parliament and Communist Party of India (Marxist) Polit Bureau member Brinda Karat has said. In a letter to the Union Health and Family Welfare Minister...
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