If there is one sector that is visibly the intersection of backroom politics, crony capitalism and serious threats to India’s Internal Security, it is mining. The business of resource extraction has always had its own peculiar economic logic: modern, yet dependent on the land; high-tech, yet somehow, indefinably, with feudal overtones. These anomalies have traditionally been recognised by economists, who categorise mining as the only “industrial” component of the primary,...
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Migration: supportive policies needed by Vidya Subrahmaniam
The United Nations Development Programme-sponsored 2009 Human Development Report on migration, “Overcoming Barriers: Human mobility and Development” has been widely acknowledged as a path-breaking study on human movement. Shattering the many myths around migration, the report concludes that most migration is in fact beneficial, and calls for supporting policies to ease barriers to free movement. Senior Assistant Country Director, UNDP, K. Seeta Prabhu. discusses the report with The Hindu For...
More »India more prosperous than China, finds Legatum Prosperity Index
Demonstrates very high levels of social capital, but overall ranking brought down by low levels of education, Internal Security and health LONDON, October 26, 2009 – The third edition of the Legatum Prosperity Index, published on 26 October, 2009 ranks 104 countries (covering 90% of the world’s population), based on a definition of prosperity that combines economic growth together with measures of happiness and quality of life. According to this year’s Legatum...
More »Agriculture and Food Security Initiative Gains Momentum at G20, World Bank-IMF Meetings
Some 800 million people in the world were malnourished even before the food and economic crises hit. Now a push to confront this longer-term problem is picking up steam. Leaders at recent global gatherings agreed to back a multibillion dollar initiative to boost agriculture and food security in low-income countries. Discussions on the overall design and level of funding are continuing. In September, the G20 asked the World Bank to...
More »GEAC fails the nation, takes the side of Seed Companies on Bt Brinjal
The Genetic Engineering Approval Committee (GEAC) today considered the approval of Bt Brinjal at their 97th meeting. Internal sources say that GEAC approved the environmental release of Bt Brinjal although there were three voices of dissent within the committee, including that of Supreme Court observer and noted molecular biologist Dr P.M Bhargava. It is further believed that committee’s recommendations have been sent for the final government approval for commercial release....
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