A new study released by Oxfam ahead of the World Economic Forum meeting shows that just 57 billionaires in India now have same wealth ($ 216 billion) as that of the bottom 70 per cent population of the country. Globally, just 8 billionaires have the same amount of wealth as the poorest 50 per cent….
Read More about India’s richest 1% now own 58% of the country’s total wealth
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Gandhi and Kumarappa shared an objective of building a non-violent social and economic order that promoted equity and justice for all. Their understanding led them to conclude that “the only path to true democracy in political life, and to peace among nations” was a decentralised economic and political system where, necessarily, the “rewards were moderate”….
Read More about Defying capitalism and socialism, Kumarappa and Gandhi had imagined a decentralised Indian economy
Gautam Adani with Prime Minister Narendra Modi
Amit Bhardwaj reports: The Jharkhand Government wants thousands of farmers to give up their multi-crop fertile lands for the Adani power plant. The plant will sell its entire electricity produce to Bangladesh. “They’ve used 1932 land records to show that a majority of the land here is not being used for agriculture,” said Vidya Devi….
Read More about Adani Power Vs The People Of Jharkhand
Milind Murugkar writes: ‘Why doesn’t the informal sector, supposedly badly hit by demonetisation, protest or scream in pain?’. Defenders of demonetisation often pose this question. If you want an answer to the question, please listen to Sachin Jadhav. His story takes us through the long chain of economic loss and suffering of the rural population….
Read More about Demonetisation and the silent suffering of Bharat
Samar writes: Indebtedness was behind 38.7% of farmer suicides in 2015; the corresponding figure for the same head in overall suicides in India is a mere 3.3%. Nearly 80% of those who killed themselves because of indebtedness had taken loans from “Financial Institutions like Bank/Registered Micro Financial Institutions”, and a mere 302 from “Money Lenders”….
Read More about Report: Farmer suicides spiked by 42% in 2015; debt leading cause
The digital economy is a design for atomisation, for separation… Imposing the digital economy through a “cash ban” is a form of technological dictatorship, in the hands of the world’s billionaires. Economic diversity and technological pluralism are India’s strength and it is the “hard cash” that insulated India from the global market’s crash of 2008….
Read More about Vandana Shiva: Beware of digital dictatorshipRahul Chandran writes: A resident, who did not wish to be identified, talks about certain benches where the maids and drivers were not allowed to sit. “We had one more rule earlier— now its scrapped— the maids are not supposed to travel in the passenger lift, they were supposed to travel in the service lift.”…
Read More about This gated community in Bangalore epitomises urban India’s class divideWhen seven deaths have not stirred the government’s conscience, Rai is convinced that the resistance is futile. “The worst pain in the world is the pain of being displaced,” said Rai. “But the fact is neither political protests nor public demand can stop displacement. We’ll have to leave this village, our fields and our history.”…
Read More about The Jharkhand Model of Development: Resources for investors, bullets for villagers
The Forest Rights Act of 2006 was widely hailed as a landmark legislation, one that sought to empower some of India’s most disenfranchised communities– the Adivasis. Ten years later, only 3 percent of forest dwellers have their rights recognised, and the Act itself is increasingly being undermined by the present government. Here’s a closer look….
Read More about Special: Ten years of the Forest Rights Act
Representative pic
Catch News reports: Chhattisgarh’s Janjgir-Champa region, once famous for paddy cultivation, is now emerging as the state’s power hub with several power plants coming up in the area during the recent years. While fuelling the state’s economic growth, dust and ash emitted from these power plants are turning thousands of local people blind from cataract….
Read More about Power plants are making thousands go blind in Chhattisgarh
More fish species on the east coast, especially in the waters off Odisha and West Bengal, are highly vulnerable to climate change, according to a first of its kind assessment by the Central Marine Fisheries Research Institute (CMFRI). That vulnerability stems not only from changes in climate but also from fishing pressure and lower productivity….
Read More about Study: 47 of 68 fish species in India under threat
The Alternative
Noted water conservationist Anupam Mishra passed away at the age of 68 on Monday. Here’s a tribute and a video where he talks with wisdom and wit about the amazing feats of engineering from centuries ago by the people of India’s desert regions to harvest water. These ancient aqueducts and stepwells are still used today….
Read More about Tribute: Anupam Mishra, the chronicler of India’s indigenous water wisdom
Purabi Bose writes: The downside of turning quinoa, acai berries of Amazon forests, or even moringa (drumstick) into new superfoods is that urban consumers compete with indigenous peoples for food resources. Through our demand for superfoods, we push indigenous populations to eat cheaper, less nutritious, less flavourful, imported staple diets like maize, rice and wheat….
Read More about The hipster hunger for superfoods is starving India’s adivasisDevinder Sharma writes: After a month of demonetisation, the picture in the rural areas remains too bleak. I know of villages where the farmers had to return empty handed even after seven days of queuing up. As a TISS study points out, nearly 81 per cent of the villages do not have access to banking….
Read More about Demonetisation, not drought, behind farmers’ woes
The National Geographic reports: Arunabha Ghosh, chief executive officer of India’s Council on Energy, Environment and Water, an environmental group, estimated that natural disasters exacerbated by climate change cost the Indian government roughly $30 billion (US dollars) between 2010 and 2015. That number will likely rise along with the global temperature, according to his research….
Read More about How climate change is hitting India
Colin Todhunter writes: Data from the Multi-dimensional Poverty Index indicates that 20 years ago, India had the second-best social indicators among the six South Asian countries, but now it has the second worst position. Bangladesh has less than half of India’s per-capita GDP but has infant and child mortality rates lower than that of India….
Read More about What has neoliberal capitalism ever done for India?
Shankar Gopalakrishnan writes: Demonetisation’s biggest impact will be on the distribution of resources within the economy, whatever happens to the economy as a whole. Demonetisation’s a giant vacuum, sucking up the resources of the weak and delivering them to the powerful, while acting like it’s doing the opposite. More importantly, this transfer will be permanent….
Read More about Demonetisation is a permanent transfer of wealth from the poor to the rich
Live Mint reports: The richest 1% of Indians now own 58.4% of the country’s wealth, according to the latest data on global wealth from Switzerland based Credit Suisse Group AG. In the last two years, the share of the top 1% has increased at a cracking pace, from 49% in 2014 to 58.4% in 2016….
Read More about The richest 1% of Indians now own 58.4% of the country’s wealth
Can there be a collective search for paradigms and pathways towards a world that is sustainable, equitable and just? How can such frameworks and visions build on an existing heritage of ideas and worldviews and cultures, and on past or new grassroots practice? This note attempts to layout a few thoughts towards such a process….
Read More about Ashish Kothari: The search for radical alternatives – key elements and principles
Former nuclear reactor operator Arnie Gundersen writes: Building nuclear reactors in a trade-off for CO2 reduction creates a toxic legacy of atomic waste. Nuclear power’s proponents claim that we’re smart enough to store nuclear waste for a quarter of a million years, but are too ignorant to figure out how to store solar electricity overnight….
Read More about Nuclear power is not “green energy”: It is a fount of atomic waste
