-The Economic Times Economic growth produces prosperity as well as garbage. The faster the economy grows, the more its people consume, and the more garbage they generate. When economic growth is sustained over a long period of time, garbage starts to pile up at a faster pace. Garbage just cannot be wished away even as some of us can move around it with eyes wide shut. It needs to be collected,...
More »SEARCH RESULT
Rural purchasing power waning on inflation, rising input costs-Heena Khan
But non-farm income keeps economy afloat New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...
More »A Jurassic Park of GDP monsters-Vandana Shiva
The economic crisis, the ecological crisis and the food crisis are a reflection of an outmoded and fossilised economic paradigm. It is a paradigm that grew out of mobilising resources for the war by creating the category of “growth”. It is rooted in the age of oil and fossil fuels. It is fossilised because it is obsolete, a product of the age of fossil fuels. If we have to address...
More »A travesty of justice
-The Hindu The acquittal of 23 people convicted by a lower court in the gruesome Bathani Tola massacre case is a shocking indictment of the country's criminal justice system. The mass murder of a group of 21 Dalits and Muslims, most of them women and children, by the notorious caste militia, the Ranvir Sena, took place in Bihar's Bhojpur district in 1996 in broad daylight. The basic facts about the ghastly...
More »Remnants of a hungry tide-Sangeeta Barooah Pisharoty
Clinging on to their cultural moorings are monks from Assam's Majuli islands who were forced to relocate in the 1970s With land swallowed by the Brahmaputra, many monasteries of Assam's Majuli island were relocated to the mainland in the Seventies. The lives of the monks have never been the same. Indrakanta Mahanta, the head of the Vaishnava sattra (monastery), Bogi Ai, can't remember when somebody last asked him about Majuli. And there...
More »