Why is the government aggressively attacking and destroying inexpensive eco-friendly technologies and promoting pollution-friendly ones? Are we obliged to repeat all the mistakes that the West committed in its pursuit of economic growth? While it makes sense to corner First World countries into investing in eco- friendly technologies to control carbon emissions, as was attempted at Copenhagen, the stand of the Indian government that India cannot afford to enforce better...
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The Rot Within by Brijesh D Jayal
Much like the tsunami waves that devastated many coastal areas five years ago, the closing weeks of 2009 saw an ill wind sweeping across many of our democratic institutions, highlighting that beneath the veneer of the nation’s aspirations towards great power status was a crumbling institutional core. To look at the fourth estate first. The preface to the Press Council of India’s “Norms of Journalistic Conduct” has a section that...
More »Kerala village ‘panchayat’ for local flavour, not Bt brinjal by Ajayan
Bt brinjal is a genetically modified version of an eggplant that is injected with a protein that makes it immune to pests Kochi: There’s a new player in the fight against Bt brinjal, a village panchayat in Kerala that is seeking to preserve a traditional variety of eggplant. As part of the plans of the village-level elected legislative body, around 8,000 households in the Mararikulam North gram panchayat in the coastal...
More »Monetary steps also needed to tame inflation: PMEAC
The Prime Minister's economic adviser, C Rangarajan, wants the Reserve Bank to remove excess money from the system to check rising prices as food inflation neared the decade's high of 20 per cent. "We need to see that liquidity does not put inflationary pressures and for that some action on the monetary front would also be required," said Rangarajan, Chairman of the Prime Minister's Economic Advisory Council (PMEAC) and a former...
More »India wins slowdown battle; defeated by rising prices in ’09 by Chandra Shekhar and Rakesh Pathak
India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...
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