Economist and Nobel laureate Amartya Sen, currently the Lamont University Professor and Professor of Economics and Philosophy at Harvard University believes that mere economic growth cannot be equated with the wellness of people. Social indicators are an equally important measure. In Bangalore for the presentation of the Infosys Prize for 2011 ( Sen is the jury chair for social sciences), he spoke to TOI on a variety of topics. Excerpts: Q:...
More »SEARCH RESULT
Spreading anger by Niranjan Takle
Farmers in Maharashtra flock to a new breed of aggressive leaders Its name in Marathi means edge of the hill, but Dongarkada has no hill or mountain in its vicinity. What the village in Maharashtra's Hingoli district has is a cooperative sugar factory controlled by Congress leader Ashok Chavan. Though the Adarsh Housing Society scam rocked the state and forced him to resign as chief minister, the village remains loyal to...
More »Bhushan told to pay Rs 1.32 cr duty plus interest on his ‘1-lakh bungalow’ by Prashant Pandey
The office of the assistant stamp commissioner here today found Team Anna member Shanti Bhushan guilty of evading stamp duty in purchase of a bungalow in Allahabad’s posh Civil Lines, slapping him with a Rs 27 lakh fine and asking him to deposit Rs 1.32 crore in duty along with interest. Bhushan has been asked to pay the entire amount within a month. Bhushan said the order was “illegal”, and the stamp...
More »The glory and the blemishes of the Indian news media by Amartya Sen
One of the great achievements of India is our free and vibrant press. This is an accomplishment of direct relevance to the working of democracy. Authoritarianism flourishes not only by stifling opposition, but also by systematically suppressing information. The survival and flowering of Indian democracy owes a great deal to the freedom and vigour of our press. There are so many occasions when, sitting even in Europe or in America,...
More »Rural women turn bankers by Gagandeep Kaur
Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...
More »