So why is the UPA hell-bent on killing its unique success story: the NREGA? Here's the inside narrative of the conspiracy. It took 47 days of a protest sit-in at Jaipur to make the state budge(1). It's notable that the objective of this protracted protest was not to coerce the Rajasthan government for an extra share of the state's resources, but to hold the government accountable to the Constitution and its...
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High agri commodity prices a concern: FAO by Ajay Modi
Managing high agriculture commodity prices is becoming a concern for policy makers in India as well as globally. While Food and Agricultural Organisation (FAO) has already warned of a ‘food price shock’, concerns are raised that this situation could worsen as various exporting countries could consider restrictions which will further create supply bottlenecks. As global food prices hit a record high, India just trails behind with food inflation touching a 23-week...
More »Microlenders, Honored With Nobel, Are Struggling by Vikas Bajaj
Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...
More »A Fable For The Cola-Wallahs by Saba Naqvi and Debarshi Dasgupta
In post-globalisation India, middle-class heroes are usually entrepreneurs who make a fast buck, stars that glitter brightly and talk glibly, cricketers who hit the ball hard. In an aspirational world of consumer goods, fine dining and malls, values such as service, integrity, simplicity are becoming rare. Perhaps that is why the story of Binayak Sen, the skilled doctor who turned his back on material success to work among the poor...
More »Farmer suicides: Maharastra continues to be worst-affected 10th year in a row by Jaideep Hardikar
Though the number of farmers’ suicides in Maharashtra registered a fall of 930 in 2009, the state with 2,872 suicides continued to be the worst in the country, 10th year in a row, according to the latest National Crime Records Bureau (NCRB) data. The data released in December 2010 confirms a rising trend, with at least 17,368 farmers killing themselves in India in 2009, up by 1,172 from 2008. At least 1,27,151...
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