-Down to Earth blog Simply put, the sand mafias originated because the sand business is low investment, low risk and high returns, notwithstanding few roadblocks like Ms Durga Shakti Nagpal or the media taking up her cause as a cause celebre! For they know well that with raw material (sand) in easy reach and end user (realty sector) little bothered wherefrom or legality of the ware, business as usual, no matter, shall...
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Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
More »Myth of the great Indian growth -Ashish Kothari
-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...
More »NE dams fail green test
-The Telegraph Guwahati: The ministry of environment and forests has denied forest clearance to the 1,500MW Tipaimukh hydel project in Manipur and the 3,000MW Dibang multipurpose project in Arunachal Pradesh. The forest advisory committee (FAC), which met on July 11 and 12, has stated in its report that in both projects, the requirement of for-estland is large and will have an adverse impact on the general ecosystem of the area. Civil society organisations...
More »Air pollution costing economy Rs 3.75L crore a year: World Bank -Dipak Kumar Dash
-The Times of India NEW DELHI: Only outdoor air pollution in urban areas claims 1.09 lakh lives of adults, another 7,513 of children below 5 years annually, says a latest report of World Bank. The study released on Wednesday revealed that the annual cost of environmental degradation in India is about Rs 3.75 lakh crores, which is equivalent to 5.7% of country's GDP. The study commissioned by the Central government has brought...
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