Of Indian households’ total annual income, 0.22 per cent is spent on buying newspapers — that is, if total national household annual income was Rs 100, 22 paise would be set aside for newspapers. Paying off bank loans (expenditure under equated monthly instalments) takes up 1.4 per cent of total household annual income. The share of health expenditure is 1.5 per cent, and that of education expenditure, 3.21 per cent....
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Hard Times by Ashok Mitra
Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....
More »UN opens Biodiversity Year with plea to save world's life-supporting ecosystems
In a bid to curb the unprecedented loss of the world's species due to human activity – at a rate some experts put at 1,000 times the natural progression – the United Nations is marking 2010 as the International Year of Biodiversity, with a slew of events highlighting the vital role the phenomenon plays in maintaining the life support system on Planet Earth. “Humans are part of nature's rich diversity...
More »Copenhagen cop out by Praful Bidwai
It is apparent to everyone that the Copenhagen Accord is a travesty of what the world needs to avert climate change. Instead of an ambitious, effective, equitable and binding treaty with stringent emissions-cut targets for developed nations, we have a hollow Accord without legal status. The North has offered a 16 per cent emissions-cut when 40-45 per cent is needed. Years of talks have been set at nought by a...
More »Aid Money Brings a New Social Order by Akash Kapur
At the edge of Killai, a village on India’s southeast coast, there is a collection of 163 concrete houses, single-story blocks set in neat rows and surrounded by open fields. This is the neighborhood of M.G.R. Nagar, named after M.G. Ramachandran, a much-beloved actor and former chief minister in the state of Tamil Nadu. M.G.R. Nagar was built by aid agencies after the 2004 tsunami. It is home to around 300...
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