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...
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In India's grain bowl, farms face threat from MNREGS
-Reuters Sitting at the edge of fields in the heart of India's grain bowl, Gurdayal Singh Malik shakes his head in resignation about the lack of workers needed for his 60-acre farm, blaming the government's flagship welfare program, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), for the shortage. Ever since the start of the program, which guarantees 100 days of work a year for rural households, the flow of...
More »Water crisis more severe than energy problem: Montek
-The Hindu Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said on Friday that the 12th Five Year Plan, which commences in 2012, would have to contend with a “severe water crisis.” “The water crisis is even more serious than the energy problem,” Dr. Ahluwalia said at a two-day regional consultation meeting of the southern States. Urging for a political consensus on the adoption of the Public Trust Doctrine in the...
More »No respite from price rise, food inflation up 9.01%
-The Times of India Notwithstanding the government's projections of a moderation in the rate of price rise of food items, food inflation jumped to a two-month high of 9.01 per cent for the week ended May 28 on the back of costlier fruits, onions and protein-based items. Food inflation, as measured by the Wholesale Price Index (WPI), was 8.06 per cent in the previous week, while it was as high as...
More »UN report favours more investment in forestry sector
-The Hindu Investing an additional $40 billion annually in the forestry sector can halve the deforestation rates by 2030, increase the rate of tree planting by about 140 per cent by 2050, and catalyse the creation of millions of new jobs, according to a report by the United Nations Environment Programme (UNEP). Backed by the right kind of enabling policies, such an investment — equal to about two-thirds more than what...
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