The spectre of inflation has returned to haunt India. It is not even six months since the United Progressive Alliance (UPA) government returned to power but its inability to control food prices is arguably its single biggest failure till now. The inflation rate will eventually come down sometime in the (hopefully) not-too-distant future and the government will surely take credit for bringing prices down as and when that happens. But...
More »SEARCH RESULT
Beat The Drought, Smartly by Shantanu Guha Ray
Despite a 25 percent deficit in rainfall, a village in Udaipur still manages to fill up its water tanks to the brim. WHEN HE first visited Dilwara, on the outskirts of Udaipur, Andre Ling, then a student from England, saw the village’s only pond, surrounded by filthy stumps of limestone and mud, disappear due to rank neglect over two summers. It was 2003 and Rajasthan had recorded a 45 percent...
More »Shadow of Drought on Delayed Monsoon
A good reason why we must not rejoice the late resumption of monsoon rains is that much of the damage is already done and is irreparable. In over 60 percent of India’s agricultural belt, particularly in the North-Western parts, there will be no rabi harvest. Hence, late arrival of rains hardly mitigates the challenges of lower agricultural production, shrinking of rural purchasing power, high inflation of food prices and loss...
More »Release of World Development Report 2010: Development and Climate Change
WASHINGTON, September 15, 2009–Developing countries can shift to lower-carbon paths while promoting development and reducing poverty, but this depends on financial and technical assistance from high-income countries, says a new World Bank report released today. High-income countries also need to act quickly to reduce their carbon footprints and boost development of alternative energy sources to help tackle the problem of climate change. World Development Report 2010: Development and Climate Change,...
More »DEBATE: Is NREGS II a product of a complacent UPA II?
Prime Minister Manmohan Singh is confident that the NREGS is his best bet to offset the drought but many grassroots activists are unsure of the scheme’s effectiveness, especially after some recent amendments. While the drought has spread to 246 districts, a heated debate rages on the poor peoples’ entitlements versus rural asset formation, even though in theory the two positions appear complementary. 14 organisations throughout the country are up in arms...
More »