Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
More »SEARCH RESULT
Poor Performance by SL Rao
India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...
More »Navodaya entrance tests violate RTE by Prashant K Nanda
The National Commission for Protection of Child Rights has asked the schools to scrap the entrance tests for admissions The government’s special schools have discovered that their selection process is in direct violation of the Right to Education (RTE) Act, which stipulates that entrance tests are illegal up to class VIII. The Jawahar Navodaya Vidyalayas (JNVs), a special group of 594 schools across India, have conducted two rounds of “selection tests” to...
More »'Honour' killing: It's a global phenomenon
Even as the government is contemplating bringing in a new law to deal with the spurt in honour killings, reports by Human Rights organisations show that cold-blooded murders in the name of saving family pride had been prevalent in many parts of the world. Honour killings have been rampant in orthodox and socially backward groups in many countries including India, Bangladesh, Pakistan, Turkey, Jordan and the Palestinian Territories, they say....
More »The task of making the PDS work by Jean Dreze
The planned National Food Security Act represents a unique opportunity to achieve gains with respect to the public distribution system. However, the current draft is a non-starter. When I first visited Surguja district in Chhattisgarh nearly 10 years ago, it was one of those areas where the Public Distribution System (PDS) was virtually non-functional. I felt constrained to write, at that time, that “the whole system looks like it has been...
More »