If there is one sector that is visibly the intersection of backroom politics, crony capitalism and serious threats to India’s internal security, it is mining. The business of resource extraction has always had its own peculiar economic logic: modern, yet dependent on the land; high-tech, yet somehow, indefinably, with feudal overtones. These anomalies have traditionally been recognised by economists, who categorise mining as the only “industrial” component of the primary,...

The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

The United Nations’ Human Development Report of 2009 paints an idyllic picture of migrations. THE recently released United Nations Development Report-2009, titled “Overcoming Barriers: Human Mobility and Development”, presents a strong case for governments all over the world to encourage human mobility. Migrations, including those of low-skilled workforce, pay dividends all round, the report says. However, it does not quite attempt to seriously understand why people migrate, sometimes subjecting themselves...

The agricultural sector is both an emitter of greenhouse gases and a victim of global warming. Technological change, water utilisation and cropping pattern in agriculture have implications both for emission reduction and adaptation. While hydrocarbons and raw material-based industries contribute to global warming, their productivity is not necessarily affected by the phenomenon, as is the case in agriculture. Agricultural production impacts climate change and, in turn, is impacted by it....

Energy security is a major objective of all countries. Some are proactive and aggressive in this pursuit, like China; others like India are slow and procrastinate on major decisions and allow hope to overtake realistic assessments. This makes energy security in the foreseeable future an uncertain goal for India. Any discussion of energy security must keep in mind the Indian realities. Although in overall terms of commercial energy use to...