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Damned projects of Uttarakhand

Just when everyone thought that the debate over large dams was settled against displacement, mega dams are back in business. Refusing to learn from our own mistakes are the three newly created states, Uttarakhand, Jharkhand and Chattisgarh. The three states are locked in battles against one another to attract foreign direct investment (FDI) to construct several large dams and barrages ostensibly to give a push to a new wave of...

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Missed policy opportunity by Jayati Ghosh

Did we just miss a major opportunity? For short while, it seemed that the global financial crisis would focus minds on what is wrong with the current economic growth model and how we can go about changing it. Unfortunately, that moment seems to have passed, at least until the next crisis comes along (which, in current trends, will not be long, since all the major forces that led to the...

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Release of World Development Report 2010: Development and Climate Change

WASHINGTON, September 15, 2009–Developing countries can shift to lower-carbon paths while promoting development and reducing poverty, but this depends on financial and technical assistance from high-income countries, says a new World Bank report released today. High-income countries also need to act quickly to reduce their carbon footprints and boost development of alternative energy sources to help tackle the problem of climate change. World Development Report 2010: Development and Climate Change,...

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DEBATE: Is NREGS II a product of a complacent UPA II?

Prime Minister Manmohan Singh is confident that the NREGS is his best bet to offset the drought but many grassroots activists are unsure of the scheme’s effectiveness, especially after some recent amendments. While the drought has spread to 246 districts, a heated debate rages on the poor peoples’ entitlements versus rural asset formation, even though in theory the two positions appear complementary. 14 organisations throughout the country are up in arms...

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Multiplier accelerator synergy in NREGA

The concepts of multiplier and accelerator borrowed from macroeconomic theory illuminate the enormous potential of NREGA and help set standards that it must be judged by.  Over the last few months, just as the economy entered its current recessionary phase, the mainstream media, which till then had been uniformly unswerving in their antipathy to NREGA (National Rural Employment Guarantee Act), suddenly began to sing its praises. In all the gloom...

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