During the last three years, two subjects have been consuming the attention of the world community almost to the exclusion of other equally important subjects. One is the financial crisis, which had threatened to lead to a meltdown of the global economy, and the other is the threat to orderly climate changes in the world. As we step into the second decade of the 21st century, the global financial crisis...
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Indians spend 25% of income on food, 1.5% on health, 1.4% on EMIs
Of Indian households’ total annual income, 0.22 per cent is spent on buying newspapers — that is, if total national household annual income was Rs 100, 22 paise would be set aside for newspapers. Paying off bank loans (expenditure under equated monthly instalments) takes up 1.4 per cent of total household annual income. The share of health expenditure is 1.5 per cent, and that of education expenditure, 3.21 per cent....
More »Joan Mencher interviewed by Vikhar Ahmed Sayeed
Interview with Joan Mencher, an anthropologist who has worked in India for long on issues such as agriculture, ecology and caste. JOAN P. MENCHER is a Professor emerita of Anthropology from the City University of New York’s Graduate Centre and Lehman College of the City University of New York. She is the chair of an embryonic not-for-profit organisation, The Second Chance Foundation, which works to support rural grass-roots organisations...
More »The Meanness of Mean India by Kamal Wadhwa
Even a cursory glance at the daily newspaper reveals the economic mindset and the manipulation of that mindset into losing its sense of balance and well-being by the plethora of reports, articles and stories on the economic life of the Indian nation. There are all sorts of stories, statistics, credit appraisals, banking trends, FDI investment couched in the jargon of the modern economy that, curiously enough, seems to be so...
More »The Ground Beneath Our Feet by Tripti Lahiri
CITIES MAKE one simple promise to newcomers: Sacrifice yourself to me and your children shall prosper. This promise drew Ahmed Raza, a small-time wrestler from an Uttar Pradesh village and millions like him to the capital of newly-independent India. Raza kept his part of the bargain, yet half a century later, his daughter was pushed out of the city her father helped build, the only home she has known. “I...
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