I must begin with two disclaimers. The Singur land development and rehabilitation bill, 2011 was moved in the West Bengal legislative assembly last Tuesday by the industries minister with whom I happen to share a name. However, I believe he does not share any of the opinions or sentiments expressed below. Second, I was a persistent critic of the Left Front government when it was in power and what I...
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Commodities and Corruption by Prabhat Patnaik
Capitalism is supposed to bring in modernity, which includes a secular polity where ''babas'' and ''swamys'', qua ''babas'' and ''swamys'', have no role. Many have even defended neo-liberal reforms on the grounds that they hasten capitalist development and hence our march to modernity. The Left has always rejected this position. It has argued that in countries embarking late on capitalist development, the bourgeoisie allies itself with the feudal and semi-feudal...
More »Delhi delusions by Ramachandra Guha
A Tamil economist, the late S. Guhan, used to say that Delhi was a capital in search of a country. I was reminded of that remark during the fortnight of May 29 to June 11, 2011. In that fortnight, if one watched the ‘national’ channels or read the ‘national’ newspapers, one would think all of India was involved in one way or the other with the ideas and practices of...
More »Food Bill could unleash new wave of inflation: Raghuram by Devjyot Ghoshal
India’s fiscal policy is not supportive of monetary measures that the country’s central bank is employing to fight rampant inflation, the prime minister’s honorary economic advisor and former International Monetary Fund chief economist Raghuram Rajan said, while singling out the proposed Food Security Bill as a particular cause for concern. The Bill, which proposes to give about 68 per cent of population the legal right to subsidised food, will not only...
More »Trafficking, female foeticide make India 4th most dangerous country for women
-The Hindustan Times Female foeticide, infanticide and human trafficking make India the world's 4th most dangerous country for women, with Afghanistan's violence and poverty taking it to the top spot, followed by Congo due to horrific levels of rape, a Thomson Reuters Foundation expert poll said on Wednesday. Pakistan and Somalia ranked third and fifth, respectively, in the global survey of perceptions of threats ranging from domestic abuse and economic discrimination...
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