From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...
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Rural poor left out in financial inclusion
-The Indian Express Financial inclusion in India seems to be far from inclusive. Out of a total of 5,165 new branches opened in 2011, only 21.86 per cent are rural branches, says a study. A growth rate of more than 700 per cent in urban Customer Service Points (CSPs) over the last year points towards the latest trend of urbanisation among Business Correspondents (BCs). Although there is not much difference between growth...
More »The Bitter Pills by Debarshi Dasgupta
India’s FTAs pip generic drugs production Lot More For Less * Generic drugs from India play a major role as antiretroviral drugs across the developing world * A 2010 study says 80% of the medicines used by donor-funded programmes to treat people with HIV were sourced from India * It’s cut down treatment costs drastically, from $10,000 to $80 * Stronger IP regimes may hamper production of generics *** The right of...
More »The discreet charm of civil society by P Sainath
There is nothing wrong in having advisory groups. But there is a problem when groups not constituted legally cross the line of demands, advice and rights-based, democratic agitation. The 1990s saw marketing whiz kids at the largest English daily in the world steal a term then in vogue among sexually discriminated minorities: PLUs — or People Like Us. Media content would henceforth be for People Like Us. This served advertisers' needs...
More »With 1.2 billion people, India seeks a good hangman by Jim Yardley and Hari Kumar
-The New York Times India has 1.2 billion people, among them bankers, gurus, rag pickers, billionaires, snake charmers, software engineers, lentil farmers, rickshaw drivers, Maoist rebels, Bollywood movie stars and Vedic scholars, to name a few. Humanity runneth over. Except in one profession: India is searching for a hangman. Usually, India would not need one, given the rarity of executions. The last was in 2004. But in May, India's president unexpectedly rejected...
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