It is tragic that the same government that gives huge corporate concessions and loses money in corruption is fighting over minimum wages. As India's — and by some reckoning the world's — largest rights-based rural safety net programme completes five years, here is a reality check. The National Rural Employment Guarantee Scheme (NREGS) has become the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). But in a monumental affront to the...
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Poverty: 20 alarming facts you must know
It is unbelievable but true! More than 25,000 people die every day of hunger or hunger-related causes, according to the United Nations. One child dies of hunger-related causes every five seconds, taking a toll on 16,000 poor hungry children each day. More than 1.4 billion people live at poverty line or below. According to a the World Bank report, there are over 1,345 million poor people in developing countries who...
More »King cobra under pressure from habitat loss in Kerala
Deforestation, poachers, illicit liquor-brewers forcing them to migrate Large-scale deforestation and the disturbances caused by poachers and illicit liquor-brewers could be forcing king cobras to migrate from their natural habitat in bamboo-rich dense evergreen forests to villages nearby. A study conducted by the researchers of the Department of Zoology, University of Kerala, and the Reptile Study Group, Thiruvananthapuram, has revealed that the king cobra, the world's longest venomous snake, is under...
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 »Of margins and the marginalised by Jayati Ghosh
The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
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