-The Economic Times India's new mining Bill has provisions which seek, rightly, to shovel money from mining companies to rural people affected by mining, but the devil could lie in the detail. The proposal has three defects. One, it seeks differential treatment for coal and other minerals - coal miners would share 26% of their profits, while miners of other minerals would give additional royalty payments. Pray, why? Two, it exempts...
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A big loss
-The Indian Express The Comptroller and Auditor General of India is being increasingly questioned, as reports emerge about the divisions within the agency on calculating the loss to the public exchequer from the 2G licencing process. The CAG shot for drama in its high-profile press conferences, in which eye-catching numbers were trumpeted that became firmly ensconced in our collective memory. The 2G report was brandished triumphantly, like a World Cup trophy,...
More »How little can a person live on? by Utsa Patnaik
The Planning Commission's laughable estimates of the ‘poverty line' follow from a mistake in method that it made 30 years ago and has clung to ever since. The affidavit that the Planning Commission recently submitted before the Supreme Court stating that a person is to be considered ‘poor' only if his or her monthly spending is below Rs.781 (Rs.26 a day) in the rural areas and Rs.965 (Rs.32 a day) in...
More »Feeding the world requires "a new paradigm” by Jessica Dacey
Agriculture specialists convening in Bern to debate the question of how to feed the world have agreed on one thing: a new paradigm is needed. Farming models are breaking down – as witnessed by the suicide of a farmer every half hour in India - and new directions for research in agriculture for development are needed to support the sector and combat global poverty. A joint conference hosted by non-government organisation Swissaid...
More »Valuing biodiversity
-The Hindu Countries endowed with genetic resources contained in rich flora and fauna will welcome the addition of 19 party-signatories to the Nagoya Protocol, which forms part of the UN Convention on Biological Diversity. India has been a votary of the accord, which aims at promoting fair and equitable sharing of benefits arising from the use of genetic resources, and informed, agreed terms of access to such wealth. The protocol...
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