The philosophy of self-aggrandisement defies social logic. Seven leading Banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these Banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

As the Union government prepares to launch an offensive on Maoist revolutionaries, I am reminded of three conversations that I heard or had in Chhattisgarh in the summer of 2006. The first took place in the state capital, Raipur, at the home of the leading Congress politician, Mahendra Karma. Karma was the begetter of the Salwa Judum, a vigilante army that has been responsible for a wave of killings, rapes...

Seven rounds of trade talks between the EU and India have been concluded without any negotiating texts or positions of either party being made public.  The widespread optimism about the possible signing of the India-European Union (EU) Free Trade Agreement (FTA) sometime in 2010 fails to take into account the many thorny issues that remain to be resolved. Not the least of them are the tariff negotiations on goods and...

Government policies in many developing countries which promote the planting of a narrow base of agricultural crops may hurt farmers in the long run, a United Nations human rights expert warned today. As a result of the global food crisis, developing countries “have massively reinvested in agriculture and have sought to provide farmers with the means of production they need to produce food,” Olivier de Schutter, the Special Rapporteur on...

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...