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Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava

-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...

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Myth of the great Indian growth -Ashish Kothari

-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...

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A new technology may make fertilizers irrelevant -Subodh Varma

-The Times of India NEW DELHI: The whole world depends on fertilizers for growing crops because they provide one of the most essential elements needed for plants - nitrogen. Although nitrogen is the largest component of air, plants do not have the ability to absorb it directly. So, they have to depend on nitrogen in the soil. Only legumes like peas, beans and lentils have a method of absorbing nitrogen by...

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Detox for pollution boards

-The Hindu Making the Gross Domestic Product the sole measure of national development for many years has left Indians with a natural environment that is among the most polluted in the world. Regardless of that dismal outcome, and in spite of settled law that polluters should pay, the Centre and State governments continue to balk at stronger enforcement of environmental laws. New evidence from a study by the Tata Institute of...

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NE dams fail green test

-The Telegraph Guwahati: The ministry of environment and forests has denied forest clearance to the 1,500MW Tipaimukh hydel project in Manipur and the 3,000MW Dibang multipurpose project in Arunachal Pradesh. The forest advisory committee (FAC), which met on July 11 and 12, has stated in its report that in both projects, the requirement of for-estland is large and will have an adverse impact on the general ecosystem of the area. Civil society organisations...

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