The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
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Contribution to Reduction of GHG Emissions by Grassroots Struggles by Bharat Dogra
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...
More »‘Iron’ic? Story of the Great Indian Loot by Shankar Raghuraman
Take a look at the accompanying map and you can’t but notice the extent of overlap between India’s thickly forested areas, the regions with the bulk of the country’s most important mineral wealth and the territory over which Maoists are dominant. Is this just a coincidence? No, that would stretch credulity. So what connects the Maoist menace with forests and mining? Clearly, forests give a guerilla force its best chance...
More »Strong fourth quarter
The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...
More »The ugly side of land acquisition in India
"India lives in several centuries at the same time. Somehow we manage to progress and regress simultaneously." Arundhati Roy Controversies, protests and violence have marred land acquisition for projects in India. Protests against acquiring agricultural land, inappropriate compensation or environmental impact have been the main reasons for these protests. In most cases, the protests are by farmers who are hardly compensated after their fertile agricultural land is taken over in for...
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