From the time a farmer in India harvests his produce to the time it lands on your plate, farm products go through several layers of middlemen, wholesalers, cold chains and other intermediaries, which push its price up by many notches. The end result: growers get paid less and consumers pay more. The stranglehold that the government has over agriculture produce marketing in India has given rise to abject inefficiencies, lack...
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Black swan in micro-finance by Ajit Ranade
The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...
More »Obama Visit and Indian Agriculture: Profit Surge for American MNCs and Peril for Indian Farmers! by Vijoo Krishnan
A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...
More »Ailing Orissa by Prafulla Das
Contaminated water sources and the virtual absence of health care claim dozens of lives in the State, now in the grip of cholera. COME monsoon and the backward regions of Orissa are in the grip of water-borne diseases. This year too has been no different. According to official figures, 150 people had died of cholera and diarrhoea in the State as on September 15. Unofficial reports put the toll at more...
More »Who will save our Na’vis? by Manoj Mitta
Long before they gained currency as the real-life counterparts of the Na'vis portrayed by Hollywood blockbuster "Avatar", the author of the Vedanta verdict — Justice S H Kapadia — had made clear about how he saw the Dongaria Kondhs, who are officially classified as "primitive tribal group". Kapadia, now chief justice of India, described this tribe from Orissa as a people "living on grass". His unflattering, almost dismissive description came...
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