A recent report by the National Council of Applied Economic Research comparing benefits and costs of mining and forest services finds that mining benefits outweigh the costs they impose. A scrutiny of the methodology of the report suggests an overvaluation of social benefits and undervaluation of social costs. The report also deviates from received practices in environmental valuation of forest benefits. Its conclusions therefore are inaccurate and state policy must be cautious while allowing activities that may cause irreversible damages to Goa’s natural wealth.
All discussion of illegal mining, specially of iron ore, has to keep in mind two things. First, the nature of legality cannot be defined in narrow terms of mining laws, but needs to cover the environmental and social goods that lie in its ambit. Second, the massive growth in mining is directly related to the nature of economic liberalisation and loosening of government controls.
WRITTEN jointly by a sociologist and an anthropologist, the book raises hopes of providing an understanding of uneven development within cultural and historical paradigms. Unfortunately, the reader
There is a green tinge to Manmohan Singh's proposals, but he has failed to counter fallouts from liberalisation, such as waste from the food processing industry.
Anna in Marathi means brother and Kishan Baburao Hazare is lovingly known as Anna Hazare in Ralegan Siddhi, the village in Maharashtra's Ahmednagar district that he helped transform from poverty to
"ECONOMICS is the science of studying people's behaviour in their ordinary day-to-day life." That is how undergraduate textbooks define the subject. The book under review, however, talks about an
