Describing female foeticide as a “disgrace” to society, President Pratibha Patil has called upon the medical fraternity to ensure that diagnostic tests are not misused for pre-natal gender determination. “We have laws and legal provisions that specially prohibit medical practitioners from disclosing the gender of the foetus. It is not only illegal, but it is socially immoral and detrimental to society. It is very Important that all medical facilities, doctors and...
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Food inflation is no mystery by Soma Banerjee
If you thought only onion made headlines and governments fall, here is some more food for thought. The retail prices of brinjal soared 110% and those of tomato by 125% between the first weeks of November 2010 and January 2011, while the rise in crude oil paled in comparison, climbing about 12% in the same period. While Import-dependent economies are struggling to keep their fiscal math in shape with crude...
More »Neoliberal illogic by Prabhat Patnaik
The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »Trade-based money laundering on the rise in India by Shyamal Gupta
The term ‘money laundering’ is said to have originated from mafia ownership of Laundromats in the US. Gangsters there were earning huge sums in cash by extortion, prostitution, gambling and bootleg liquor. They needed to show a legitimate source for these monies. Money launderers now resort to the use of apparently legitimate commercial transactions to camouflage their laundering activities. There has been an increasing amount of interest of late in commodity...
More »'Ban on Bt brinjal hurting Indian scientists' by Killugudi Jayaraman
A leading Indian biochemist has urged the environment and forests ministry to lift the moratorium on Bt brinjal, the country's first genetically modified (GM) food crop developed using a technology supplied by the US multinational seed giant Monsanto. 'The moratorium is not affecting the multinational companies but India's own scientists who are ready with more than a dozen GM crops, including (Vitamin-A rich) golden rice,' said Govindarajan Padmanabhan at the Indian...
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