Freebies for the IPL — at a time of savage food subsidy cuts for the poor — benefit four men who make the Forbes Billionaire List of 2010 and a few other, mere multi-millionaires. And so the IPL fracas is now heading for its own Champions League. Union Cabinet Ministers, Union Ministers of State, Chief Ministers (and who knows a Governor or two might pop up yet) are being named...
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Farmers' Woes by SL Rao
A meticulously researched book by A. Vaidyanathan, Agricultural Growth in India: Role of Technology, Incentives and Institutions, is an illuminating scholarly work. Thinking about it one realizes the dismal and declining state of Indian agriculture and the poor governance at both Central and state government levels that has brought it to this sorry pass. A valuable compendium of data and analysis of Indian agriculture since Independence, it is a valuable...
More »The Economy of Knowledge by Sukanta Chaudhuri
In our 63rd year of Independence, the Right to Education Act comes into effect on April 1. On the eve of its launch, the Union education minister has balanced our perspective by another resolve. India’s enrolment rate for higher education is around 12 per cent. He would increase this to 30 per cent, in line with the advanced nations. There is only one snag. Unlike in advanced countries, one Indian in...
More »Wind energy is attracting investors, and corruption by Doreen Carvajal
A rogue’s gallery of corrupt politicians and entrepreneurs trying to create money out of thin air. It is impossible to quantify the level of fraud in public spending on wind energy The European wind association does not have a code of conduct for developers A big Danish firm revealed that it was the victim of a 12 million euro fraud The northern trade winds of the Canary Islands have long tempted daredevil windsurfers,...
More »Stopping climate change
Rich and poor countries have to give ground to get a deal in Copenhagen; then they must focus on setting a carbon price AT A time when they are not short of pressing problems to deal with, the presence of 100-odd world leaders at the two-week meeting that starts in Copenhagen on December 7th to renew the Kyoto protocol on climate change might seem a little self-indulgent. There will be oceans...
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