India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...
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Chhattisgarh's food revolution by Ejaz Kaiser
Since she could remember, labourer Rama Nag (34) didn't know what her ration card meant, that as one of India's nearly 400 million officially poor people, she was entitled to subsidised foodgrain. Until 2006, here in the heart of impoverished tribal India, on the edge of the sprawling forests of Bastar and the Maoist zone of Dantewada, Nag and her family of four survived on rice and whatever they could...
More »Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk
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...
More »‘Give subsidy to schools, hospitals, not oil firms'
For LPG and kerosene subsidy, government has to make up from petrol, says Montek Singh Ahluwalia he government should use its money on building schools and hospitals than subsidising oil companies, which were making huge profits because of grant, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. “The profits shown by the oil companies are largely due to subsidies. We are not supposed to be subsidising the oil companies ... we...
More »The Green Mile by Saumya Tyagi
AS CONCERN for the ecosystem runs high all across the world, a small, mountainous state in India’s northeast — Sikkim, has taken a step ahead and declared to go completely organic by the year 2015. What this means is the total phasing out of chemical inputs from agriculture. Sikkim has long been an ecologically conscious state with initiatives such as a comprehensive ban on plastic, bio-medical and chemical waste in...
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