THE WORLD BANK IN INDIA - Undermining Sovereignty, Distorting Development: Edited by Michele Kelley, Deepika D'Souza; Orient Blackswan, 3-6-752, Himayatnagar, Hyderabad-500029. Rs. 895. This book is a collection of essays covering an array of economic issues ranging from agriculture, poverty, food security, power, water, to governance, environment impact and sustainability of growth, and the impact of the World Bank on them. Even a cursory reading would show that it is a...

Regulation in India's microfinance sector aims to address feckless borrowing and reckless lending – but will the new restrictions entrench poverty, rather than end it? One of the many crushing burdens for India's poor bear is debt; unable to make ends meet, they turn to traditional moneylenders. They are willing to extend credit, but at unconscionably high rates – sometimes exceeding 80%, and keeping borrowers in lifelong penury. Popular cinema and...

Climate change is a serious global issue of great concern to different countries. So said Dr Manjit Singh Kang, PAU vice-chancellor, on the opening day of a three-day international conference on 'Preparing Agriculture for Climate Change' at Punjab Agricultural University (PAU) on Sunday. 'Green revolution is a path-breaking movement and Punjab has spearheaded it for over four decades,' said Punjab Agricultural Marketing Board chairman Ajmer Singh Lakhowal, the chief guest. Kang, who...

Prime Minister Manmohan Singh has called upon the judiciary not to exercise its power of judicial review to undermine the legitimate role assigned to other branches of the government. The PM made this appeal during his inaugural address at the 17th Commonwealth Law Conference at Hyderabad International Convention Centre (HICC) on Sunday in the presence of CJI S H Kapadia and several legal luminaries. Justice Kapadia, who spoke earlier, appealed to the...

These days, Jhum cultivation also known as ‘slash and burn method of cultivation’, ‘shifting cultivation’ etc has been under continuous scanner for its productivity and ecological viability. This form of cultivation is followed widely in almost all the North Eastern States including the hill areas of Manipur. There are those who consider jhum cultivation as unproductive and ecologically disastrous so that people (understood as tribal people of the hill areas)...