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...

The radicals in the Sonia Gandhi-led National Advisory Council (NAC) are unlikely to give in to the conservatives’ case against the universalisation of food subsidy. They insisted that not only was universalisation theoretically possible but it also worked “successfully” on the ground. In what could make the Centre squirm, they cited BJP-ruled Chhattisgarh as an example of what an inclusive public distribution system (PDS) could do. An indication that the NAC’s radicals were...

The planned National Food Security Act represents a unique opportunity to achieve gains with respect to the public distribution system. However, the current draft is a non-starter. When I first visited Surguja district in Chhattisgarh nearly 10 years ago, it was one of those areas where the Public Distribution System (PDS) was virtually non-functional. I felt constrained to write, at that time, that “the whole system looks like it has been...

As a schoolboy I spent many of my summer vacations in the searing heat of Sarangarh. In this small town (kasba describes it best) in Chhattisgarh, bordering Orissa, I saw multiple instances of the practice of “untouchability”. Not perhaps in its most heinous form, but visible and clear to a child’s eyes; for example, someone merely touching the water pot made the water immediately undrinkable, impure. This was the late...

India has tumbled seven places in the Global Peace Index — a ranking of the most peaceful nations of the world — thanks largely to the increase in the number of deaths from organized conflicts. The 2010 ranking of 149 nations places India at 128. New Zealand tops the index as the most peaceful country and war-ravaged Iraq — no surprises here — has earned the distinction as the least...