Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...

A death threat to a historic 13-year-old international treaty on climate change that surfaced last year appears to have intensified and may stall progress at the UN climate change talks here in this scenic Mexican city. Several industrialised countries are opposing the continuation of the Kyoto Protocol, the 1997 treaty that had set legally binding targets only on industrialised countries for the reduction of emissions of greenhouse gases up to the...

Global agriculture contributes in the region of 17 percent to the greenhouse gas emissions that cause climate change, but according to the World Bank, climate smart agriculture techniques can both reduce emissions and meet the challenge of producing enough food for a growing world population."As much as agriculture is part of the problem, it is also part of the solution," said Inger Anderson, the World Bank's vice president on sustainable...

Scenario I: An illiterate person walks into an ATM, utters his password in Bhojpuri to withdraw money. Or a labourer working under the National Rural Employment Guarantee Act (NREGA) speaks his voice signature to mark his attendance for the day. Scenario II: The door at a top-secret Indian defence establishment open son a voice recognition system that allows only certain officials access to the premises. If you think this is stuff out...

The undersigned demand that the plan to link the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to Aadhaar (or UID) be revoked immediately. This is an extremely dangerous move that threatens to cause havoc in MGNREGA's fragile structure. The Ministry of Rural Development has put out a tender (dated October 11, 2010) worth Rs.2,162 crore to engage “service providers” for MGNREGA under a “public private partnership” model. The contract includes...