Pickers say waste-to-energy incineration plants increase emissions and take away their only means of survival. The waste-pickers who scour the world's rubbish dumps and daily recycle thousands of tonnes of metal, paper and plastics are up in arms against the U.N., which they claim is forcing them out of work and increasing climate change emissions. Their complaint, heard on Wednesday in Bonn where the U.N. global climate change talks have resumed. The...

The mainstream projections about India’s economic trajectory talk of how the country’s GDP will exceed that of Japan (whose economy today is more than thrice India’s size) by 2020. A large part of this sustained growth, it is assumed, will come from what is called the demographic dividend. India’s young and growing workforce, the standard argument goes, will ensure that the country’s wage rates keep it competitive for a long...

Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

Proposal to set up mega food park in each State Three boards to be set up to promote processing of fisheries, soybean and guar gum Food processing industry accounts for 14 per cent of the total industrial output The Food Processing Ministry will give priority to farmers, self-help groups and women for providing grant-in-aid in setting up food processing enterprises. It has also identified Bihar, Orissa, Madhya Pradesh, Chhattisgarh and Jammu and Kashmir...

The day Kumari Selja assumed charge as the Union minister for housing and urban poverty alleviation in the second United Progressive Alliance government, she got an unusual gift: a set of two books from none other than Prime Minister Manmohan Singh. The books, The Other Path and The Mystery of Capital, were by eminent Peruvian economist Hernando de Soto, hailed as the “poor man’s capitalist”for his work on the informal sector....