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,...

The Copenhagen summit on global warming and climate change has commenced. Instead of a leadership role, we will now be playing a followers’ role. We fell behind the emerging consensus curve. We held on for too long to outmoded positions of merely harping on per capita emission and common-differentiated obligation while disregarding many other significant factors. The recent decision of China, announcing a 40 per cent cut in its energy...

CITIES MAKE one simple promise to newcomers: Sacrifice yourself to me and your children shall prosper. This promise drew Ahmed Raza, a small-time wrestler from an Uttar Pradesh village and millions like him to the capital of newly-independent India. Raza kept his part of the bargain, yet half a century later, his daughter was pushed out of the city her father helped build, the only home she has known. “I...

HAS GREEN REVOLUTION FAILED INDIA'S POOR? Green Revolution Vs Rain-fed Farming OVERVIEW: Of late India’s fabled Green Revolution has come under severe attack. Many development thinkers believe that it has unfairly skewed India’s agriculture policy in favour of the farmers whose land is already or potentially covered under irrigation. The basic criticism is that the Green Revolution has been largely irrelevant for India’s 60 per cent cultivable land which is un-irrigated. These...

The Indian economy is picking up and should be able to expand at eight to nine per cent. It is high time that the government initiates a universal public distribution system covering at least the essential commodities. Incomes of the rich will go up and India will be a major player in the world when it revives. But the bulk of the population, about 70 per cent, will remain poor with...