Driven by spiralling prices of essential items, inflation surged into double digits at 10.16 per cent in May, the highest in the last 19 months, adding to the woes of the common man. Soaring inflation, according to analysts, may prompt the Reserve Bank to tighten liquidity at its quarterly monetary policy review scheduled next month. The essential items which have become expensive, directly hitting the pocket of the common man, include pulses,...

In India (and elsewhere) we have several people’s struggles which are protesting against displacement and trying to protect their sustainable life-styles and livelihoods based on farmlands, pastures and forests, rivers and coastal areas. These struggles involve farmers, forest-produce gatherers (tribals particularly), pastoral people, fisherfolk and others with related livelihoods. These traditional livelihoods have been passed on from generation to generation, but are now increasingly threatened on a scale never seen...

The historic city of Bhagalpur in Bihar, often in the news for the wrong reasons, figured in the Lok Sabha on Thursday when Bharatiya Janata Party member Shahnawaz Hussain sought to draw the government's attention to the pitiable condition of weavers there. “The jacket you are wearing is made of Bhagalpur silk,” he told Deputy Speaker Karia Munda, who was in the Chair, even as he pointed towards Leader of the...

There are now one billion hungry people on the globe, United Nations Secretary General Ban Ki-moon said recently. A statistic that is shameful and shocking at the same time. The global financial crisis too has led to a dramatic rise in hunger across the world. Ban warned that the food crisis is a wake-up call for tomorrow since by 2050 the planet's population will be 9.1 billion people, over two billion more...

That the economies of Asia, in particular China, India and Australia, are responsible for whatever growth is currently taking place on the planet is now acknowledged and underlined by the West as well as by multilateral financial agencies like the International Monetary Fund (IMF) and the World Bank. The 3.5 per cent growth in the American economy in the July-September quarter has enthused many into believing that the worst of...