Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
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Why you must read this censored chapter by Raman Kirpal
A RESEARCHER WORKING on the State of Panchayats Report (SOPR) 2008-09 met Mahangu Madiya in Chhattisgarh’s Bastar district, a dangerous place for gathering data. Madiya’s story was startling. In January, he was given Rs 55 lakh compensation for his land, but the amount is sitting in his bank account. He does not even own a mobile phone. “I am concerned with farming. My land is important to me. What will I...
More »The task of making the PDS work by Jean Dreze
The planned National Food Security Act represents a unique opportunity to achieve gains with respect to the public distribution system. However, the current draft is a non-starter. When I first visited Surguja district in Chhattisgarh nearly 10 years ago, it was one of those areas where the Public Distribution System (PDS) was virtually non-functional. I felt constrained to write, at that time, that “the whole system looks like it has been...
More »Rs 13,742-cr development plan worked out for Naxal districts by Shishir Gupta
Armed with integrated action plans for 35 Naxalite-affected districts in nine states, the Planning Commission is all set to approach the Union Cabinet for a proposed outlay of Rs 13,742 crore to wean away the tribals from sympathising with the Maoists through comprehensive infrastructure and economic development as well as proper implement of the Panchayats Extension to Scheduled Areas (PESA) Act, 1996 and related Scheduled Tribes and other Traditional Forest...
More »Forest rights violation: Panel to review Vedanta
The Union Environment Ministry has formed a fresh panel to look into the alleged violation of forest rights of tribals in Niyamgiri hills, where it has held up clearance to the bauxite mining project of Vedanta Resources. The Ministry, in a notification on Tuesday, announced a four-member panel to be headed by NC Saxena from National Advisory Council (NAC). S Parasuraman from Tata Institute of Social Sciences, Promode Kant and Amita...
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