When it was almost certain that the governments of the country were to take their hands off from total acquisition of land for a private project, the Sonia Gandhi-led National Advisory Council has started thinking otherwise. The thought went out for hundred per cent acquisition by the government. Had this come at the germinal stage of discussion about changes in the colonial Act, it could have resulted in Mamata Banerjee’s face...
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The black money monster
-The Times of India The high drama over Baba Ramdev's midnight eviction and action against the peaceful gathering has shifted the focus away from the central is sue raised by the Baba – black money overseas – to the right to protest in a democracy. This being the case, there is danger of an uninformed debate on black money taking over, guided more by emotions and populist talk rather than...
More »India’s Anti-Poverty Programs Are Big but Troubled by Heather Timmons
India spends more on programs for the poor than most developing countries, but it has failed to eradicate poverty because of widespread corruption and faulty government administration, the World Bank said Wednesday. “India is not getting the ‘bang for the rupee’ that its significant expenditure would seem to warrant, and the needs of important population groups remain only party addressed,” John D. Blomquist, lead economist at the World Bank, wrote in...
More »Bringing the internet to rural India's business community by Moska Najib
It's early morning in rural Rajasthan and the sun is already burning. Only the brave have ventured out into the harsh, radiating heat. At the dusty Kanpura village, farmers are hard at work, grading their harvest. But the dry, still air is slowing them down. For Jeevan Ram Kharol, selling his produce is the only source of income. Last year, the drought brought him no returns. Now he's hoping the harvest will...
More »Bangladesh: Before Accusing Sheikh Hasina Government Need for a Close Look at Yunus’ Grameen Bank by Amitava Mukherjee
It is difficult to predict what denouement the spat between the Sheikh Hasina-led Bangladesh Government and Mohammed Yunus, the Noble Laureate, would ultimately reach but it has undoubtedly brought to the fore many pitfalls of the micro-credit system which has so far been hailed as a panacea for poverty alleviation not just in the Third World countries but in many developed nations too. It may be a bit unfair to...
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