Draft report claims investor interest is focussed on countries with weak land governance. A leaked World Bank report into investors from rich nations buying up African farmland has intensified campaigners' fears that the growing trend is marginalising local producers. After a spate of investments in African land by sovereign wealth funds looking for gains on rising commodity prices and by countries such as China worried about their own food security, the World...
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The banking woes of an “excluded” community by Vidya Subrahmaniam
Banks have designated red zones where the vast majority of Muslim clusters fall. This fact is confirmed by the rash of banking-related complaints received by the National Commission for Minorities. A little over a year ago, Ali Arshad, a resident of Okhla in Delhi, went to a well-known private sector bank to open a bank account. He thought his case would be fast-tracked because he had a banking background, he worked...
More »'Why not abolish PDS for APL families?' by Dhananjay Mahapatra
In what could put the government on a politically difficult turf, the Supreme Court on Tuesday asked the Centre to answer within two weeks why cheap ration under public distribution system (PDS) to above poverty line card holders should not be abolished and the BPL category enlarged. Under the targetted PDS (TPDS), wheat and rice are available at cheap rates to one crore poorest of the poor families (Antyoday Anna...
More »Rice husk power to light up villages
Three years after lighting up the electricity-deprived remote villages in Bihar and Uttar Pradesh with power harnessed through rice husk, the team behind the venture is now undertaking a similar task in West Bengal and Tamil Nadu. Beginning with Tamkuha in Bihar, the ‘Husk Power System' designed by NRI entrepreneur Gyanesh Pandey has gone on to dispel darkness in over 125 villages since 2007. “The conventional technologies and grids had...
More »Poverty haunts India's economic miracle
When flames from an open cooking fire raced through Fida Hussein's shack in northern India, it was a disaster for him and his poverty-stricken family. "We have nothing," said Hussein as he stood in the ruins of his hut through which the sky could be seen between the burnt roof timbers in a remote corner of Uttar Pradesh, India's most populous state. India's number of millionaires grew by 51 percent...
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