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 »FDI Vs Tribes by Ajoy Ashirwad Mahaprashasta
THE Indian Bureau of Mines, in its Indian Minerals Yearbook–2005, notes that Chhattisgarh has 28 different types of minerals, with coal and iron ore being the most abundant. The Centre for Science and Environment (CSE), in its comprehensive book Rich Lands, Poor People: Is ‘Sustainable' Mining Possible?, says that around 16 per cent of India's coal reserves, 10 per cent of its iron-ore reserves, 5 per cent of its limestone...
More »A profitable education by Sadhna Saxena
While India’s new Right to Education Act seeks to bring free and compulsory education for all children, it seems to short-change them through an unrealistic vision of the private sector’s involvement. In August 2009, the Right to Education Act was passed in the Indian Parliament with no debate, by the fewer than 60 members who happened to be attending the session that day. Not that the Act was an open-and-shut...
More »Judicial hurdles by V Venkatesan
The Central Information Commission decides to appeal against a judgment of the Delhi High Court that threatens to disrupt its smooth functioning. SHAILESH GANDHI, a Central Information Commissioner, recently said the Right to Information (RTI) Act faced a serious threat from the government and the judiciary. His warning came in the context of the woefully inadequate government-sanctioned resources and the number of stay orders issued by High Courts on the...
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