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...
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House that? All houses 'pucca' by 2017 by Subodh Ghildiyal
The Centre wants all `kutcha' houses to be replaced by durable, disaster-resistant structures by 2016-17. It forms the big expression of intent in the first-of-its-kind `rural Housing and habitat policy' that UPA may announce soon. The government wants to engage NGOs in rural Housing, a sector the voluntary organisations have shunned till now. The government feels the rural populace will benefit from NGOs in the field of "technology dissemination" and...
More »India's 'revolutionary' RTI Act fails to reach the poor
A law empowering Indians to seek information from government to promote accountability and transparency has brought change to urban India, but has largely left out the country's rural poor, social activists say. The Right to Information (RTI) Act - similar to the Freedom of Information Act in the United States - was enacted almost five years ago and is aimed at providing a practical way for all citizens to access...
More »Media has lost its sense of priorities: Sainath
Pointing out that a disconnect exists between mass media and mass reality in India today, P. Sainath, Rural Affairs Editor of TheHindu, said the media had lost its sense of priorities and was out of touch with the problems of a vast section of the population of the country. He was delivering the Silver Jubilee Lecture on “Mass media: But where are the masses?” at the Indira Gandhi National Open University...
More »De Soto to help in integrating economy by Rahul Chandran
Peruvian economist Hernando De Soto, who is the the capital to meet with government officials will over the next few days, seek to formalize an arrangement to help the government integrate its vast informal economy with the mainstream. De Soto is the founder of the think-tank the Institute for Liberty and Democracy and is best known for his role in eradicating the Shining Path guerilla movement by empowering landless peasants who...
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