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Poor Performance by SL Rao

India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no Assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...

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MLA sweet talks locals into giving away land, which he transfers to French giant Lafarge

IN APRIL this year, the Supreme Court directed the Ministry of Environment and Forests to conduct a probe into French cement giant Lafarge’s limestone mines in Meghalaya. Lafarge was alleged to have been operating on forest land without proper clearance. Now it turns out the allegations against the Paris-headquartered multinational are graver. Bangladesh-based Lafarge Surma Cement Ltd — a joint venture between Lafarge Group and Spanish cement company Cementos Morlins —...

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Cooperatives can and do benefit women worldwide, Secretary-General says

Women in many countries are being empowered through cooperatives, raising their incomes, becoming more self-reliant and in the process overcoming gender stereotypes, Secretary-General Ban Ki-moon said today. In a message marking the International Day of Cooperatives, Mr. Ban cited the “egalitarian ethos, participatory decision-making, common ownership and commitment to goals beyond the profit motive” as reasons why business, social and economic cooperatives are expanding opportunities for women around the globe. The Secretary-General...

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The new shifting agriculture: Shopping for fields overseas by Biraj Patnaik

In the wake of runaway inflation and the ensuing food crisis, the prime minister constituted three high-powered committees of chief ministers and central ministers to recommend ways of containing inflation, improving PDS and boosting agricultural production. The Working Group on agricultural production was chaired by Haryana chief minister B S Hooda, with CMs of West Bengal, Punjab and Bihar as members. Tucked away, largely unnoticed by the Indian media, as...

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UPA to try 'de Soto model' for slum development by Saubhadro Chatterji

The day Kumari Selja assumed charge as the Union minister for housing and urban poverty alleviation in the second United Progressive Alliance government, she got an unusual gift: a set of two books from none other than Prime Minister Manmohan Singh. The books, The Other Path and The Mystery of Capital, were by eminent Peruvian economist Hernando de Soto, hailed as the “poor man’s capitalist”for his work on the informal sector....

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