From Leh, the 40-km drive to Khardungla, the highest motorable pass in the world at 18,380 feet, winds gently through mountains coated with thick snow. To the left of the pass the Ladakhis swear is the Khardung glacier which has retreated, though there is no study to confirm it. In fact, Prof. Syed Iqbal Hasnain, a leading glaciologist and a senior fellow at The Energy and Resources Institute (TERI) who...
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Faring well
AMIT KUMAR must be one of the few bankers in the world turning away depositors. The manager of a village bank in the Indian state of Rajasthan, he was reluctant to take a cheque for 1m rupees ($21,200) from the elected head of the village, or sarpanch. The cheque was meant to pay hundreds of villagers for their work under India’s National Rural Employment Guarantee Act (NREGA), which guarantees 100...
More »Money For Nothing by Tushaar Shah
There is a growing chorus of views - representing some very influential writers in India and elsewhere - in favour of direct cash transfer into poor people's bank accounts as a more efficient social security net than the National Rural Employment Guarantee Scheme (NREGS). Economist Arvind Panagariya has called direct cash transfer ''the least costly policy to give immediate relief to the poor". Having returned from a series of field...
More »Rebound in India Leaves Some to Struggle by Heather Timmons
When the Indian government met the largest economic crisis the world has faced in nearly 80 years with tax cuts, aid for rural workers and interest rate cuts, critics said it was not enough. Now, though, it looks as if the policy makers may have offered too much. India’s $1 trillion economy, largely insulated from the global crisis by low reliance on exports and a heavily regulated banking system, has exceeded expectations...
More »A candle in the wind by P Sainath
In Maharashtra, where issues hurl themselves at you, the Opposition failed to mount a strong campaign on a single one of them. The front rows of the Mumbai-Nagpur flight are usually the province of the political class: MLAs to MPs, ministers and fixers. This time, though, quite a few of the occupants were celebrities: television and film stars, major and minor, middling and mediocre. It wasn’t the T-20 cricket match in...
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