-The Times of India LONDON: Majority of the $3 billion spent by the world's leading philanthropic organization - the Bill and Melinda Gates Foundation on finding solutions around improved agricultural yield to benefit the world's poorest and hungry people, has been spent in the US, Britain and other rich developed nations. Grain, a research group based in Barcelona said on Tuesday that over 80% of the grants were given to organizations in...
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This transaction is still incomplete -Erica Field, Charity Troyer Moore, Rohini Pande, Natalia, Rigol and Simone Schaner
-The Indian Express Earlier this month, the ministry of finance announced that over 50 million new bank accounts have been opened and 17 million debit cards issued since the launch of a bold new plan to grant financial access to the poor. Prime Minister Narendra Modi announced this initiative, called the Pradhan Mantri Jan Dhan Yojana (PMJDY), in a speech in August. Its ultimate goal is to reach 150 million unbanked...
More »The good is in the detail -S Gurumurthy
-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
More »Climate change will make food less nutritious: Study -Subodh Varma
-The Times of India NEW DELHI: Plants make food from carbon dioxide in the air, using energy from sunlight. So, if carbon dioxide levels in the air are going up due to climate change, plants should be making more food, right? Wrong, says a new study published last week in the science journal Nature. According to the study conducted by a team of US, Australian and Japanese scientists, carbon dioxide emissions are...
More »Story of a fraying capitalism-Ashoka Mody and Michael Walton
-The Indian Express India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...
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