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Sharing profits for new gains by Sunita Narain

The draft Mines and Minerals (Development and Regulation) Amendment Bill, or MMDR Bill, includes a crucial provision to share the wealth of mining — 26 per cent of the annual profits — with people who live near the projects. But industry wants this profit-sharing clause dropped. The Federation of Indian Mineral Industries (Fimi) says it will breed lazy people, who will only drink and beat up their women. The Confederation...

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India's 'constant gardeners' by Keya Acharya

In some remote villages in India, which are most unlikely to pose as models of development, a quiet rejuvenation is taking place, with communities learning to adapt to the climate change reality of the country today. Everyone knows by now that one of the foremost signs of climate change for the country is the changing pattern of the monsoon. The Intergovernmental Panel on Climate Change (IPCC) has already forecast shorter yet...

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'Power for all'

Experts show how electricity for poor people is possible Is electricity for all a pipe dream? Should we forget about electricity for all until we are able to provide more basic amenities like drinking water, nutritious food, education and healthcare?   India is home to the largest number of people without electricity. Half of Indian households do not have access to power, which constitute a third of the world's population without electricity. Though...

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That Growth Tangle

India's growth story in a crisis-hit world has been globally applauded. Still, the prime minister did well not to use his Independence Day address as a mere occasion for back-patting. This isn't yet "new India" where growth's gains percolate to every citizen. Not only must structural nuts and bolts be fixed before we get there, the economic blueprint itself needs a sharper reformist orientation. To its credit, the UPA has...

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Global youth unemployment rate at all-time high, UN labour agency reports

The global youth unemployment rate is at a record high and is expected to climb even higher as the year progresses, the United Nations International Labour Organization (ILO) announced today. According to a new report, of the world’s 620 million economically active youth between the ages of 15 and 24, 81 million were out of work at the end of 2009, the highest number ever. The youth unemployment rate climbed from 11.9...

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