The CAG indicts Uttarakhand for pursuing hydel power projects indiscriminately without concern for the environment. IN a severe indictment of the Uttarakhand government, the Comptroller and Auditor General (CAG) of India said it was pushing the State towards a major environmental catastrophe by following a highly ambitious hydropower policy. In a report titled “Performance Audit of Hydropower Development Through Private Sector Participation”, which was released recently, the CAG substantiates the allegations...

The term “bottom of the pyramid” (BOP), coined by the late C K Prahalad, became wildly attractive in the early noughties, in part because the concept, which suggests that it is possible and legit to make money from the poor, provided a leavening justification for the animal spirits of capitalism in poor countries like India and China with their growing list of Forbes billionaires. On the verge of the second decade...

The United Nations Food and Agriculture Organization (FAO) is distributing wheat seeds that will benefit over half a million farming families, or nearly five million people, whose seed supplies were destroyed during the recent flood disaster. The floods, which began in late July and inundated one fifth of the country, claimed more than 1,800 lives and have affected more than 20 million others. Agriculture is the mainstay for over 80 per cent...

Prime Minister Manmohan Singh on Wednesday announced Rs.500 crore in assistance to the flood-affected Uttarakhand, a day after Congress president Sonia Gandhi sought a liberal package. The interim assistance will be in addition to the money given on Tuesday to the State Disaster Response Fund, a release from the Prime Minister's Office said. An inter-ministerial team was constituted to visit the State to assess the damage. Based on its assessment, “further...

Contaminated water sources and the virtual absence of health care claim dozens of lives in the State, now in the grip of cholera. COME monsoon and the backward regions of Orissa are in the grip of water-borne diseases. This year too has been no different. According to official figures, 150 people had died of cholera and diarrhoea in the State as on September 15. Unofficial reports put the toll at more...