When the Indian government met the largest economic crisis the world has faced in nearly 80 years with tax cuts, aid for rural workers and interest rate cuts, critics said it was not enough. Now, though, it looks as if the policy makers may have offered too much. India’s $1 trillion economy, largely insulated from the global crisis by low reliance on exports and a heavily regulated banking system, has exceeded expectations...
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Diary of Digging Dirt
Why would a politician turn cheerleader for those trying to dig dirt against the men and women who form the final but vital link in his political supply chain - the sarpanches or village heads? Perhaps to show his commitment to the government program he owes his job to. This month, Bhilwara in Rajasthan saw something best described as 'social service' meets 'crack investigation': around 1500 people voluntarily gathered and...
More »Agriculture and Food Security Initiative Gains Momentum at G20, World Bank-IMF Meetings
Some 800 million people in the world were malnourished even before the food and economic crises hit. Now a push to confront this longer-term problem is picking up steam. Leaders at recent global gatherings agreed to back a multibillion dollar initiative to boost agriculture and food security in low-income countries. Discussions on the overall design and level of funding are continuing. In September, the G20 asked the World Bank to...
More »Action Aid report on hunger identifies India as a loser
A new international report slams the Indian government for not doing enough to end hunger. It says hunger exists in India because of a lack of purchasing capacity of the poor rather due to insufficiency of food production. Titled “Who’s Really Fighting Hunger”?, (see the link below) the Action Aid report which was released on 16 October, 2009 reveals that in India 30 million people have been added to the...
More »THE FUTURE ISN’T GREEN by SL Rao
Energy security is a major objective of all countries. Some are proactive and aggressive in this pursuit, like China; others like India are slow and procrastinate on major decisions and allow hope to overtake realistic assessments. This makes energy security in the foreseeable future an uncertain goal for India. Any discussion of energy security must keep in mind the Indian realities. Although in overall terms of commercial energy use to...
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