Replying to a question in the Rajya Sabha on farmers falling into a debt trap, the government came out with data that are startling. Rice farmers have suffered losses in all regions save Andhra Pradesh over three cropping years ending in 2006-07, with wheat farmers faring a little better. Even today, news reports suggest that farmers do not really gain much even as consumer prices go through the roof. This...
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Where child labour, migration are a way of life by Meena Menon
In Amravati villages, dropout is pronounced; alcohol is another problem The wooden door of Surekha Rathod’s house is held together by small strips of coloured ribbons. This is no decoration. Some days ago, Surekha’s drunken Father, who was locked out, tried to break in with an axe and sliced off the door. “I had a narrow escape, even though I was inside the house,” says her mother, Sunanda. “My husband...
More »Kashmir autonomy ball in PM court by Muzaffar Raina
A working group appointed by Prime Minister Manmohan Singh has recommended “autonomy to the extent possible” for Jammu and Kashmir. “The question of autonomy and its demand can be examined in the light of the Kashmir accord or in some other manner or on the basis of some other formula as the present Prime Minister may deem fit and appropriate so as to restore the autonomy to the extent possible,” the...
More »Why did Copenhagen fail to deliver a climate deal? by Richard Black
After Copenhagen, there is no “developing world” — there are several. About 45,000 travelled to the U.N. climate summit in Copenhagen — the vast majority convinced of the need for a new global agreement on climate change. So why did the summit end without one? Key governments do not want a global deal: Until the end of this summit, it appeared that all governments wanted to keep the keys to...
More »Decade of debt-fuelled boom and bust by Larry Elliott
Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...
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