Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
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The Green Mile by Saumya Tyagi
AS CONCERN for the ecosystem runs high all across the world, a small, mountainous state in India’s northeast — Sikkim, has taken a step ahead and declared to go completely organic by the year 2015. What this means is the total phasing out of chemical inputs from agriculture. Sikkim has long been an ecologically conscious state with initiatives such as a comprehensive ban on plastic, bio-medical and chemical waste in...
More »Poor Performance by SL Rao
India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...
More »Govt pushes China model for 'Eastern Green Revolution'
The government has come forward with a proposal to replicate the Chinese Green Revolution model in the eastern states and promote hybrid rice on a mission mode in the region. Taking a leaf from success stories in China, the Ministry has also proposed a task force on promotion of hybrid rice and envisioned pushing for private sector participation. Although a section of environmental activists in Kolkata have already raised their voice...
More »Law to ensure cheap grain for poor
The government will enact a legislation to ensure subsidised wheat and rice to the poor, finance minister Pranab Mukherjee said at a seminar titled Bringing Green Revolution to Eastern States. “We are committed to enacting a legislation on food security (called National Food Security Act). But to make it successful, we need to produce more, procure more and strengthen the delivery mechanism for making foodgrain accessible to the poor at affordable...
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