Twenty-five years ago this week, a gas leak at a Union Carbide chemicals plant in Bhopal released 40 tonnes of poisonous gases over the Indian city, killing thousands and injuring tens of thousands. To this day, many of the survivors live in crowded shacks in the slums that line the old factory walls. The people here are not the only ones who have been affected, however. The leak, which is often...
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Whither Rural India? by Kripa Shankar
The rural population is at present estimated at 85 crores. Ten per cent of the households are completely landless. Another 52 per cent have holdings of less than 0.2 hectare. The per capita agricultural land in the rural areas has come down to 0.12 hectare. According to the National Sample Survey, the annual income of an agricultural household from farming is less than Rs 12,000 and from all sources it...
More »Rubber-stamp Authority
Chhattisgarh announced a proposed investment of more than Rs 1,77,000 crore in the state. Until October 2008, it had signed over a hundred mous with companies like Jindals, Tata Steel and Essar. After a couple of months of this announcement, a bureaucrat heading the state environment regulatory body resigned. “Development is the preferred option, provided the carrying capacity is available. There cannot be a trade-off at the cost of the health...
More »If words were food, nobody would go hungry
“THE world’s attention is back on your cause.” That was Bill Gates talking to agricultural scientists gathered recently to honour the late Norman Borlaug, father of the Green Revolution. The tycoon-turned-philanthropist was right. This week, the world—in the guise of 60-odd heads of state including the pope—held the first United Nations food summit since 2002. As the world’s attention turns from the receding financial crisis, it is switching to one...
More »India interrupted by Sunil Jain
Around a third of India Inc’s investment plans are in states affected by Naxalism. Anyone who’s been reading Mahesh Vyas regularly, including his piece on today’s OpEd page, knows India Inc’s investment juggernaut has rolled on relatively unchecked, despite the global crisis, for the past five years. The investments on hand, the CMIE (Centre for Monitoring Indian Economy) chief’s calculations show, have the potential of increasing India’s GDP by 50 per...
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