Without fertilisers, said Normal Borlaug, the world would need two billion people to volunteer to just disappear. Obviously, it makes sense to increase the supply of fertilisers rather than to look for those volunteers. Sense, however, is in short supply in India’s fertiliser policy , and we have a supply shortage of the stuff. The domestic price of fertiliser has been static since 2002 and the domestic industry has seen...
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Maoism at Its Nadir: The Killings in Bengal by Vijay Prashad
Violence in West Bengal’s western districts has reached crisis proportions. Each day, one or more cadre member or sympathizer of the Communist Party of India (Marxist) [CPM] is killed either by Maoists or the Trinamul Congress (TMC). The Maoists have found common cause with the TMC, a breakaway from the Congress Party in Bengal. Mamata Banerjee, whose authoritarian populism draws from both Juan and Evita Peron, leads the TMC. Backed...
More »Economy will recover by Arjun Sengupta
The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...
More »Privatisation of Judiciary! by K G Somasekharan Nair
The increase in the number of civil cases in a country is its social mascot, as it symbolises the abundance of law abiding civilised citizens accepting the authority of the judiciary to get their grievances redressed. Otherwise, they would have turned to self-retaliation or employed roughnecks, a usual practice in America and Britain enkindled by their criminal heritage, to enforce justice in their own way; hence all civil litigants may...
More »Whither Rural India? by Kripa Shankar
The rural population is at present estimated at 85 crores. Ten per cent of the households are completely landless. Another 52 per cent have holdings of less than 0.2 hectare. The per capita agricultural land in the rural areas has come down to 0.12 hectare. According to the National Sample Survey, the annual income of an agricultural household from farming is less than Rs 12,000 and from all sources it...
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