Proposed asbestos project could lead to a ‘Turner & Newall' epidemic There is a spectre over the verdant fields of Bihar's Muzaffarpur district, hitherto suppressed by the clamour and euphoria of Chief Minister Nitish Kumar's massive electoral mandate. Its cause is asbestos — the magic mineral, paradoxically known by its more sinister monikers of the “killer dust” and “the silent time-bomb.” In November last, the Kolkata-headquartered Balmukund Cement & Roofing Ltd. (BCRL) proposed...
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Managing the anticipated food crisis by MS Swaminathan
FAO has warned that 2011 may witness a global food crisis. Proactive action is needed to meet the challenge of price volatility, chronic hunger, agrarian despair and climate change. The Food and Agriculture Organisation of the United Nations (FAO) has alerted developing countries about possible steep rises in food prices during 2011, if steps are not taken immediately to increase significantly the production of major food crops. According to FAO, “with...
More »Comprehensive Plan Needed for Helping the Homeless by Bharat Dogra
No matter how tired we are in the course of a difficult day’s work, there is always the reassuring feeling that at the end of the hard work we’ll go back to sleep in the comfort of our home. But there are millions of people in our cities who simply do not have a home. The homeless of our cities suffer the most; yet they are the most neglected. No...
More »MasterCard Develops Payment Solution for ‘Aadhaar’ in India
MasterCard Worldwide, a leading global payments company, today said it has developed a payment solution for ‘Aadhaar’. ‘Aadhaar’ is a 12-digit Unique Identification Number (UID) that captures basic demographic and biometric information of Indian residents. The UID will make it possible for residents to establish their identity with financial institutions thereby providing them a gateway into the formal banking system. This payment solution will enable Aadhaar holders to perform payment...
More »Why microfinance is not half the villain it seems to be by R Jagannathan
A man, crawling on all fours, is searching for something under a tree on a hot summer’s day. A curious passerby stops and asks: “What are you looking for?” The man replies: “I’ve lost my watch.” The passerby asks: “Are you sure it fell near this tree?” The answer: “It’s cooler looking in the shade”.Governments work something like this. They do what they think is easier to do rather than...
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