Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
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Memories at public expense by Ramachandra Guha
Judging by the television news that night, May 20, 2010, was a day like any other — marked by natural disaster (a cyclone predicted for Orissa), violent rebellion (the blowing up of railway tracks by Maoists in Bihar), political partisanship (the insistence by Mamata Banerjee that the Union railways minister would be of her party even if she soon moved, as she hoped, to become chief minister of West Bengal),...
More »LPG dealership scheme to empower rural women by Sujay Mehdudia
Even as acrimony continues to haunt the status of the Women's Reservation Bill, the Petroleum Ministry has gone ahead with its own scheme of things to “empower” rural Indian women making it mandatory for 50 per cent ownership by women of cooking gas dealerships under the Rajiv Gandhi Gramin LPG Vitrak Yojana. The government is also considering sops to the Below Poverty Line population to encourage it to use the eco-friendly...
More »No clearance to 88 polluting industrial clusters: Jairam by Oommen A. Ninan
Union Minister of State for Environment and Forest Jairam Ramesh on Sunday said a nation-wide Comprehensive Environmental Assessment found that 88 industrial clusters were critically polluted. Out of these 88 clusters, 8 are in Maharashtra including Tarapur and Chembur. The environment Ministry will not give clearance to any industry in these 88 clusters unless Action Plan is prepared and implemented to improve the environment in these areas, said Mr. Ramesh,...
More »SC notice to RIL over Surat land acquisition case
After seeking reply from Mukesh Ambani-led Reliance Gas Transportation Infrastructure Ltd (RGTIL) and others on Monday, the Supreme Court on Thursday again issued notice to the firm, the ministry of petroleum and others on another batch of petitions filed by land owners from Surat seeking adequate compensation from the company for using their land for laying gas pipelines to transport natural gas from Krishna-Godavari basin to Gujarat. A Bench headed by...
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