Water is the most critical of all natural resources on which modern economies depend. Water scarcity and rapid economic advance cannot go hand-in-hand. Yet, with its per-capita water availability falling to 1,582 cu m per year, India has become water-stressed. In 1960, India signed a treaty indefinitely setting aside 80% of the Indus-system waters for downstream Pakistan - the most generous water-sharing pact thus far in modern world history. Its 1996...
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In SE Asia, India worst place to be born in
-Mid Day India shines in its malls but slips badly when it comes to ensuring the well- being of its millions India may well be the world's fastest growing "free market"economy, but it is no competition to its neighbours when it comes to the social wellbeing of her people. A comparison with the neighbouring nations shows that besides Pakistan, all others like Bangladesh, Nepal, Sri Lanka and China are far better off in...
More »Dwindling Resources Trigger Global Land Rush by Stephen Leahy
A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...
More »Small loans add up to lethal debts by Erika Kinetz
-AP The microfinance industry pursued a path of rapid business Growth in recent years; two investigations now link it to debtor suicides First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...
More »Poverty high in south, north of Odisha: Report
-Pragativadi The extent of the poverty in southern and northern region of Odisha is still high and remains a matter of concern even as the poverty percentage points reduced to 29.69 per cent. According to the Odisha Economic Survey, 2011-12 report, even after sixty-four years of independence, Odisha has witnessed wide regional and social disparities in development. All regions have not developed uniformly so far. The annual report, which was circulated in the...
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