India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...
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India's Stingy Poverty Definition Irks Critics by Muneeza Naqvi
Every day, through scorching summers and chilly winters, Himmat pedals his bicycle rickshaw through New Delhi's crowded streets, earning barely enough to feed his family. But to India's government he is not poor – not even close. The 5,000 rupees ($110) he earns a month pays for a tiny room with a single light bulb and no running water for his family of four. After buying just enough food to keep...
More »Rs 17,000-cr warning for India's food gamble by Samar Halarnkar
Unpaid bills of Rs 17,000 crore — and growing — have revealed hidden food subsidies and acute financial mismanagement as the government prepares to adopt the costliest, most ambitious legislation of its tenure. Documents accessed by Hindustan Times reveal this is the money the government now owes the state-run Food Corporation of India (FCI), hampering its mammoth operation of buying grain from the farmer, storing it and selling it cheaply...
More »India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »Child labourers' plight: Underpaid and overworked by Puja Marwaha
For most people in cities, Labour Day (or May Day, which was on May 1) was just another public holiday that nobody thought too much about. On a day marked to give voice to the rights of the Indian work force, perhaps one ought to consider those who have been forced to join their ranks too soon - child labourers. According to government estimates, an astounding 42.02% of the Indian workforce...
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