-Rediff.com Mankind is draining the earth's resources so quickly that the globe would be bled dry before the end of the century at this rate, a new report has revealed. According to the 2012 World Wildlife Fund's 'Living Planet Report' released this month, humans are living outside their means, depleting natural resources like forests, air and water 50 per cent faster than the planet can renew. If the trends aren't reversed, by...
More »SEARCH RESULT
Hope springs a trap
-The Economist An absence of optimism plays a large role in keeping people trapped in poverty THE idea that an infusion of hope can make a big difference to the lives of wretchedly poor people sounds like something dreamed up by a well-meaning activist or a tub-thumping politician. Yet this was the central thrust of a lecture at Harvard University on May 3rd by Esther Duflo, an economist at the Massachusetts Institute...
More »Cost & equity counter-arguments on pensions
-The Business Standard The conflict between a universal and a targeted approach to social welfare which has held back the proposed food security law is now emerging in the ongoing movement for a universal pension. While economist Jean Dreze, who has been demanding universal old age pensions as part of a platform called Pension Parishad, has called for abolition of the Below Poverty Line (BPL) targeting system in all pension schemes, calling...
More »Reaping gold through cotton, and newsprint-P Sainath
The same full page appeared twice in three years, the first time as news, the second time as an advertisement “Not a single person from the two villages has committed suicide.” Three and a half years ago, at a time when the controversy over the use of genetically modified seeds was raging across India, a newspaper story painted a heartening picture of the technology's success. “There are no suicides here and people...
More »Old age blues-Sreelatha Menon
-The Business Standard After food, education and information, pension is being sought as a fundamental right Old age should be cushioned with an assurance of minimum necessities in the form of pension. But, for a majority in India, there is either nothing or very little. Recently, Labour Minister Mallikarjun Kharge said in Parliament that 83 per cent of the 55 million beneficiaries of the Employees’ Pension Scheme (EPS) get a pension...
More »