-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...
More »SEARCH RESULT
Parliamentary prescriptions revive hunger debate
A report by a parliamentary standing committee entrusted to examine the National Food Security Bill, 2011 has revived the debate on what measures India must take to end its abysmal track record of hunger and malnutrition, (See several links given below) despite successive years of high growth and record grain procurement. The draft legislation is likely to be debated in the upcoming session of Parliament, even as the recent Jaipur...
More »IAY builds houses–for middlemen, not the needy -Pankaj Kumar
-Governance Now Villagers say they had to pay Rs 5,000-10,000 to get selected for the housing scheme Nalanda: Once again I paid a visit to Ravidas Tola neighbourhood in Maghra village of Biharsherif Block. Ravidas is a community that is classified as mahadalit, the most marginalized of the marginalized lot. It was early in the morning, and most people were in a rush as if in hurry to reach office. I stopped...
More »Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav
-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...
More »Business by other means -Ajoy Ashirwad Mahaprashasta
-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
More »