-The Economic Times Where will India get its water from in the coming years? The water challenge is already grave and could get graver. By 2050, for instance, it is estimated that demand would go up to 1,180 million cubic metres, 1.65 times the current levels, a situation that would be made worse by fast dwindling fresh water resources. That's why desalination — removing salt from seawater to make fresh water —...
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Economies will perform better with more even income distribution–UN report
-The United Nations A new United Nations report advocates that governments use fiscal and labour market policies to reduce income inequality, maintaining that this not only leads to social benefits but will spur economic growth and development. Produced by the UN Conference on Trade and Development (UNCTAD), the Trade and Development Report 2012 says that recent experience, especially in Latin America and other developing countries, suggests that progressive taxation and rising public...
More »The menace of destructive education policies-Debashis Gangopadhyay
Universities should not have to bow to research institutes, writes Debashis Gangopadhyay. Basic Sciences versus Applied Sciences Undermining humanities studies in schools will lead to a large number of science graduates in the market. This is a boon for multinational companies as profits will escalate — the cost of labour being lower. However, the danger to profits persist from another aspect. Students who study science out of their love for a subject are...
More »The business-politics nexus-Ashutosh Varshney
-The Indian Express An intriguing paradox of contemporary Indian politics has been insufficiently noted: corporate India finances India’s elections, substantially if not wholly, but it is unable to determine election outcomes. Money matters, but it is not always electorally decisive. The recent Uttar Pradesh elections provide the clearest illustration of this proposition. As is well known, the Congress, BJP and BSP were all better financed than the SP which, especially after the...
More »UPA tactics: Decry the institutions; erode the government's credibility-EAS Sarma
By repeatedly decrying the CAG and trying to malign the person occupying that Constitutional office, the UPA government is weakening an important pillar of democracy and lowering its own credibility Admitting that there is a great deal of uncertainty and a perception of policy paralysis in the government these days, a senior Cabinet colleague of the prime minister recently observed that it was being created by the activities of (Comptroller and...
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