Has Environment Minister Jairam Ramesh, who till recently was known for his green ‘overdrive’, toned down? Conditional clearance to several high-profile projects, including Posco and SAIL, is a pointer to how his ministry has softened its stand. Ahead of a meeting of the group of ministers (GoM) tomorrow, on the ‘no-go’ issue related to coal projects, 16 coal projects, that have been stuck for a year now, are set to get...
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Growth and other concerns by Amartya Sen
I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...
More »Regulatory body for NGOs suggested
With the number of non-governmental organisations growing in the country, the government is planning to bring them under a regulatory mechanism to make them accountable. As of now, there are no specific laws or regulations to regulate volunteerism in India. A task force, constituted to examine the issues related to the evolution of an independent, national level, self-regulatory agency for the voluntary organisations and develop accreditation methodologies by the Planning Commission,...
More »An indictment of the World Bank schemes by K Subramanian
THE WORLD BANK IN INDIA - Undermining Sovereignty, Distorting Development: Edited by Michele Kelley, Deepika D'Souza; Orient Blackswan, 3-6-752, Himayatnagar, Hyderabad-500029. Rs. 895. This book is a collection of essays covering an array of economic issues ranging from agriculture, poverty, food security, power, water, to governance, environment impact and sustainability of growth, and the impact of the World Bank on them. Even a cursory reading would show that it is a...
More »High food prices forcing Indians to cut other spending, says Nielsen
THE boom in demand for apparel and mobile phones may soon be over as Indians plan to spend less on fun and entertainment to deal with rising food prices, a Nielsen study says. Indian consumers are extremely cautious about rising food prices and a sizeable section may defer purchases by 6-12 months, says the latest Nielsen global consumer confidence index released on Monday. Some companies, including LG Electronics and Future Group, agreed...
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