-Economic and Political Weekly This article challenges the prevailing view that the diminished electoral prospects of the United Progressive Alliance government is the result of neglecting growth to launch populist welfare schemes. It looks at a wide range of economic indicators to argue that compared to the National Democratic Alliance regime, the UPA period has been characterised by faster growth, higher savings and investment, growing foreign trade and capital infl ows,...
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Crony capitalism or plain corruption?-Arvind Virmani
-The Hindu Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...
More »Worshipping false gods in India-Harsh Mander
-Live Mint In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most opinion polls rate Narendra Modi as the front-runner in the 2014 general election....
More »Climate change to leave India hot and hungry-Vanita Suneja and Parvinder Singh
-Thomson Reuters Foundation The lastest Intergovernmental Panel on Climate Change (IPCC) report not only provides new evidence but also sounds an alarm over the impact climate change is having on compounding hunger and significantly disrupting food grain production. Apart from leaving the world hungry and hot, the changing climate will also offset gains against poverty and hunger, especially among the marginalized communities. The new report makes unequivocal projections for India being one...
More »Climate change impacting entire planet, raising risk of hunger, floods, conflict –UN report
-The United Nations The effects of climate change are already occurring in all continents and across the oceans, and the world, for the most part, is ill-prepared for their risks, says a United Nations report issued today, which also warns that while action can be taken, managing the phenomenon's impacts will be difficult on a rapidly warming planet. The report, Climate Change 2014: Impacts, Adaptation, and Vulnerability, from Working Group II of...
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