A higher order of political leadership, a transparent and accountable bureaucracy and activist citizen forums are imperative for effectively addressing hunger and poverty in India, N.R. Narayana Murthy, chairman and chief mentor of Infosys Technologies, said on Sunday. Addressing a policy forum at the international conference on “Eliminating hunger and poverty” hosted by the M.S. Swaminathan Research Foundation (MSSRF), Mr. Murthy said the dark side of India's growth story had been...
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Monsanto seeds - For good or evil?
Technology… the knack of so arranging the world that we don’t have to experience it — Max Frisch, Swiss novelist and playwright Why do MNCs excite extreme emotions in India ? If you take any one of them from banks to pharma and chemicals to defence and aerospace, they are all clubbed together with the “usual suspects” who do more harm than good despite all the good intentions they might have had....
More »Can Organic Farming "Feed the World"? by Christos Vasilikiotis
The legacy of Industrial Agriculture With the world population passing the 6 billion mark last October, the debate over our ability to sustain a fast growing population is heating up. Biotechnology advocates in particular are becoming very vocal in their claim that there is no alternative to using genetically modified crops in agriculture if "we want to feed the world". Actually, that quote might be true. It depends what they mean...
More »Iron ore mines going for Rs 1 lakh in Chhattisgarh? by Supriya Sharma
There's not much you can buy in terms of assets for Rs 1 lakh. But two Delhi businessmen gained access to a multi-crore iron ore mine in Chhattisgarh for just this much. On June 2, 2004, two brothers, Atul Jain and Sanjay Jain, pooled together Rs 1 lakh in Delhi to set up a company, Pushp Steel and Mines Ltd. The same day, the company applied for a prospecting licence...
More »The banking woes of an “excluded” community by Vidya Subrahmaniam
Banks have designated red zones where the vast majority of Muslim clusters fall. This fact is confirmed by the rash of banking-related complaints received by the National Commission for Minorities. A little over a year ago, Ali Arshad, a resident of Okhla in Delhi, went to a well-known private sector bank to open a bank account. He thought his case would be fast-tracked because he had a banking background, he worked...
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