Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....
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Economy will recover by Arjun Sengupta
The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...
More »Social Audit of NREGS in Araria reveals corruption
The good news is that Bihar has done it! Bihar’s first successful social audit took place in Jamua Panchayat of Araria district despite violence and threats. Two thousand villagers participated in the exercise and fearlessly deposed in front of a panel of officials and civil society representatives. The social audit exposed widespread corruption, fake muster rolls and fake vouchers in the panchayat records. (see details and contact numbers below) Following the...
More »The imminent food crisis by AV Rajwade
The current food inflation is a result of food output growth not keeping pace with population growth Few recall that, just last month, there was a food security summit in Rome. In sharp contrast to the almost overwhelming coverage of the Copenhagen climate summit, it attracted far lesser attention from the heads of governments, as also from the media. This is somewhat strange as a food (and water) crisis can hit...
More »Rural Industrialisation as the ‘Mahayana’ of International Cooperation: A World Waiting to be Born by Saurabh Kumar
The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...
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