The disaster in Japan revealed many risks that were earlier unknown; it is important to assess the risks in India in a transparent manner and explain which are worth taking. The nuclear plant accident at Fukushima, Japan, in March 2011 exemplifies the prescient remark of nuclear reactor pioneer, the late Alvin Weinberg, that “a nuclear accident somewhere is a nuclear accident everywhere.” After Fukushima, many countries initiated a reconsideration of the...
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Small farmers still excluded from formal financial channels
-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
More »US challenges India poultry ban at WTO
-Reuters The United States on Tuesday began action at the World Trade Organisation (WTO) to open India's market for poultry meant and eggs, saying an Indian ban on US imports intended to stop the spread of bird flu was not based on sound science. "The United States is the world's leader in agricultural safety and we are confident that the WTO will confirm that India's ban is unjustified," US Trade Representative Ron...
More »Dwindling Resources Trigger Global Land Rush by Stephen Leahy
A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...
More »Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta
Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...
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