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Road to development

The demand for a separate state of Telangana has brought into focus the economic performance of small states. Data brought out by the Central Statistical Organisation do show that most of the reorganised states tend to grow faster post-reorganisation and smaller states such as Uttarakhand, Jharkhand and Chhattisgarh have grown faster after achieving state-hood than before, and at a rate higher than the average for the country. Moreover, we find...

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The Religion Of Capitalism by Dilip Simeon

This small and readable book is a layperson’s introduction to India’s economic catastrophe. Since many people believe in an ongoing economic miracle, such views are often dismissed as doomsday talk. But it is better to be aware of reality than to live in an illusion. The title is apt—Bhaduri offers us an unsettling vision of what awaits us if we continue along the current path. He alerts us to the...

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Protests against Land Acquisition and R & R Bills

The UPA government has come under severe criticism for trying to hurriedly pass the Land Acquisition (amendment) and the Resettlement & Rehabilitation Bill during the ongoing Parliamentary session. Both the bills have been dubbed as anti-poor as their provisions are seen to promote forced dispossession of farmers’ land as well as large scale displacement of rural people. The haste with which the two Bills are being promoted could be assessed...

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India interrupted by Sunil Jain

Around a third of India Inc’s investment plans are in states affected by Naxalism. Anyone who’s been reading Mahesh Vyas regularly, including his piece on today’s OpEd page, knows India Inc’s investment juggernaut has rolled on relatively unchecked, despite the global crisis, for the past five years. The investments on hand, the CMIE (Centre for Monitoring Indian Economy) chief’s calculations show, have the potential of increasing India’s GDP by 50 per...

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Managing Disasters and Displacement by SG Vombatkere

The article presents the political and economic impacts of various kinds of natural and man-made disasters and associated displacement of populations, and argues for a wider and more inclusive definition of disasters in the interest of human rights, social justice and equity for the victims of disasters. Legislation, Disasters and People Numerous disasters at national and international levels have caused governments to recognise the need for rapid and effective response to provide...

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