Reading the lines that Environment Minister Jairam Ramesh delivered in the Rajya Sabha on Tuesday and between them, the message is evident. “We have been successful in defending India’s national interests,” he said. “I didn’t go to Copenhagen with the mandate of saving the world or humanity. My mandate was to defend India’s right to develop at a faster rate. For Western countries, it is an environmental issue but for...
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Coping with rising foodgrain prices by VS Vyas
India needs to initiate a number of steps to manage the emerging situation. After three consecutive good years, agricultural production has faltered in the last two years. There was a fall in production to the tune of 1.6 per cent in 2008-2009 compared to the previous year. This year, again, agricultural production is likely to be down by 2 per cent or more. The deceleration in the growth of foodgrain...
More »Fight Corruption - Save Development
On International Anti-Corruption Day (9 December), the United Nations has warned that corruption kills development, and is one of the biggest impediments to reaching the Millennium Development Goals. "When public money is stolen for private gain, it means fewer resources to build schools, hospitals, roads and water treatment facilities. When foreign aid is diverted into private bank accounts, major infrastructure projects come to a halt," said Secretary-General Ban Ki-moon. He warned...
More »Textbook titan who redefined economics by Michael M Weinstein
Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...
More »Hunger: India worse off than Zimbabwe!
There are now one billion hungry people on the globe, United Nations Secretary General Ban Ki-moon said recently. A statistic that is shameful and shocking at the same time. The global financial crisis too has led to a dramatic rise in hunger across the world. Ban warned that the food crisis is a wake-up call for tomorrow since by 2050 the planet's population will be 9.1 billion people, over two billion more...
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