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...
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UN identifies strategies to accelerate development and poverty reduction
Development models that focus attention on the poor while expanding job opportunities, increased government spending on social services and aid flows from affluent nations are all successful strategies for alleviating global poverty, the United Nations says. Access to low carbon energy and mobilizing domestic capital by, for example, improving tax collection, are the other factors the UN Development Programme (UNDP) identifies in a new report as crucial factors for the...
More »Groundwater and equality by Anurag Behar
As a schoolboy I spent many of my summer vacations in the searing heat of Sarangarh. In this small town (kasba describes it best) in Chhattisgarh, bordering Orissa, I saw multiple instances of the practice of “untouchability”. Not perhaps in its most heinous form, but visible and clear to a child’s eyes; for example, someone merely touching the water pot made the water immediately undrinkable, impure. This was the late...
More »The Crimson Brief by Raman Kirpal
RAJINDER SACHAR is one of India’s renowned civil rights activists. A former Chief Justice of the Delhi High Court, Sachar has done pioneering work in enabling a legal framework to assist hundreds who stand accused by the police across India for waging war against the State, many of them with little or dubious evidence. Though 87 years old, Sachar continues to work tirelessly with one of India’s key rights groups,...
More »How to feed your billionaires by P Sainath
Freebies for the IPL — at a time of savage food subsidy cuts for the poor — benefit four men who make the Forbes Billionaire List of 2010 and a few other, mere multi-millionaires. And so the IPL fracas is now heading for its own Champions League. Union Cabinet Ministers, Union Ministers of State, Chief Ministers (and who knows a Governor or two might pop up yet) are being named...
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