The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

Despite the government’s efforts to reduce maternal deaths by encouraging deliveries at health centres, the system continues to fail poor women. I gave birth in the developing world, in South Africa, to be precise. South Africa was in the spotlight recently when a government-commissioned report showed a 20 per cent increase in the number of deaths from pregnancy-related causes between 2005 and 2007 over the previous three-year period. The report...

Centre for Science and Environment (CSE) has brought out an excellent compilation titled Climate Change, Politics and Facts. The government is planning legislation with targets for greenhouse gas emissions. Perhaps to bolster this, the Ministry of Environment and Forests has published results of five studies - NCAER/Jadavpur, TERI/MoEF, IRADE, TERI/Poznan and McKinsey - and findings have been contrasted and collated by CSE. As per all these models except for TERI/Poznan,...

NEW DELHI: Agriculture scientist M.S. Swaminathan on Tuesday came down heavily on proposals to import foodgrains to tide over the shortage due to the poor monsoon this year. He said that if only the government had taken adequate measures to modernise foodgrains storage systems, such an eventuality would not have arisen. “The importers lobby would always be there to make profit out of poverty. But the government needs to take...

Concern over the domestic economy should not result in barriers on free trade, according to Union Minister of State for Commerce and Industry Jyotiraditya Scindia. While the country would benefit from opening itself up further to international competition, he promised that the interests of farmers and labour-intensive industries would be protected. In a discussion with journalists from The Hindu group on Wednesday, Mr. Scindia defended the Free Trade Agreement (FTA)...