Since the beginning of December last, 220 tenant farmers in the state have committed suicide or died of shock, crushed by mounting debts and loss of crops. Overall, the farmer death toll stands at a staggering 350-400. Though the fickle weather wreaked havoc, experts believe it's only partly to blame as several other factors have worked against the farming community. While economic expansion continues to bypass the farming community leaving...
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Dread of Democracy by Rudrangshu Mukherjee
The historian Ramachandra Guha has famously described India as a fifty-fifty democracy. But even admirers of India as a functioning democracy will perhaps be forced to admit that certain events in 2010 forced the needle to move beyond fifty against democracy. Threats to democracy and democratic rights have never been as evident, and as powerful, since the dark days of the Emergency in 1975-76 as they were in the course...
More »Fraud turns spotlight on desi millionaires
Citibank manager Shivraj Puri’s alleged fraud on wealthy clients has swivelled the spotlight on the growing number of high net-worth individuals whose money banks rush to manage for a fee. The wealth of high net-worth individuals (HNIs) — defined as those who have “investable assets of at least $1 million (around Rs 4.5 crore) — in India is estimated at a staggering $477 billion and is rising each day. According to the...
More »News we can use by Rajdeep Sardesai
For the Indian media, 2010 has been almost Dickensian: it’s been the best of times, but also possibly the worst. A chief minister resigning, a Union minister stepping down, senior politicians raided: when was the last time the Indian media could claim so many ‘victories’ in a single year? Yet, just as we were rejoicing at the return of hard, uncompromising news journalism, along come the Niira Radia tapes to...
More »When palm oil cultivation is no longer attractive by MJ Prabu
On the National Conference on Oil Palm at Vijayawada in Andhra Pradesh (the largest producer in the country), Mr. M.C. Rao, palm oil farmer, Gajapati district, Orissa, stated, “Just like several Government agricultural departments, officials at the conference painted a false, bright, and positive picture about the prospects of the oil palm plantation for farmers taking up this cultivation.” “As usual the policy makers miserably failed to read the pulse of...
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