-The Business Standard Indian plantations bloom in Ethiopia at the cost of the livelihoods and homes of the tribals If there is “blood diamond”, there is also such a thing as “blood maize”, “blood soya” and “blood pulses”. These come all the way from plantations in Ethiopia and other countries with repressive regimes. India, which claims to shun blood diamonds coming from African mines that use slave labour, is enthusiastically backing exploitation of...
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Fall in word and spirit-Rudrangshu Mukherjee
-The Telegraph It is the time for West Bengal to create landmarks. First, the denial of a rape; second, the arrest of an academic for circulating a cartoon; third, a public circus with the winners of the Indian Premier League; fourth, the mimicry of the prime minister on television; fifth, the announcement of sop after sop even though the state is bankrupt; sixth, the announcement in the hills of being “rough...
More »Sebi attaches assets of 2 Sahara firms
-The Times of India MUMBAI: Market regulator Sebi on Wednesday cracked down on the retail-to-financial services Sahara group and ordered the attachment of all assets of two Sahara group firms, besides freezing their bank accounts and those of their promoters and directors including that of group head Subrata Roy. Sebi's crackdown on the two Sahara group firms—Sahara Housing Investment Corp and Sahara India Real Estate Corp — comes exactly a week after...
More »Dent in anti-poverty scheme due to NREGS: report
-The Hindu Hyderabad: An anti-poverty project to transform the lives of ultra poor families has failed to make an impact and increase the net income of the targeted families in Medak district in the State at the end of four years. The project sponsored by the World Bank and the Ford Foundation was aimed at graduating 426 households from extreme poverty to a more stable state by enabling them establish micro-enterprises through...
More »Capitalism and Equality-Prabhat Patnaik
-The Telegraph Even reformed capitalism cannot give equal opportunity There is a view that the real problem with capitalism is that there is no equality of opportunity under this system. Your entire life gets determined by which class you happen to get born into. If the effect of this ‘happenstance’ could somehow be eliminated, so that everyone enjoyed equality of opportunity, then even though income and wealth inequalities continued to remain...
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