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Showing posts with the label poverty

Deep Unrest: A crisis emerging in the fringe of the society globally

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Well What can I say, this was a researched topic that I had first published in 2009 post 2008 global recession in  NOWPUBLIC.com . A media publication portal which now seems defunct and closed. The red shirt movement in Thailand that started in 2007 was the first sign then gradually that alerted the world on the overheated conditions of the societies across the globe and the pressure that was gradually altering the nature of the communities burdened by the disparity in the income and excessive expenditure. Inflation in essentials was almost a phenomenon across the globe mainly sparked by spiraling fuel prices having an adverse effect on the food market. The red shirt movement primarily was an outcry of public opinion basically trying to voice against the military led Government for focus   the UDD organized counter demonstrations, which would sporadically result in injuries and deaths. After Prime Minister  Abhisit Vejjajiva  took office, the UDD led m...

EONOMICS of HAPPINESS 2014 - An unspoken story of India (Part-2)

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Yoji Kamata from Japan with his model of Localisation Globalisation and Environment I n 1992, soon after heralding in the new economic policies constituting globalization, the then Finance Minister of India (now its Prime Minister) Manmohan Singh delivered a lecture on environmental aspects of the reforms in Delhi. His main argument was that environmental protection requires resources, which would be created by the new policies. Two decades later, has his prescription worked? Broadly, economic globalisation since 1991 has had the following impacts: Rapid growth of the economy has required a major expansion of infrastructure and resource extraction, and encouragement to wasteful consumption by the rich. The economy has tended to be demand-led, with no thought given to how much demand (and for what purpose) is to be considered legitimate and desirable, and what its impacts are.  Liberalization of trade (exports and imports) has had two consequences: r...

India is facing the largest refugee crisis by its own farmers

It’s now official that the northern parts of India this year will witness a failed monsoon. The granary of India comprises of Punjab and its surrounding state of Harayana as well. The farmers are already in despair as this would mean that they would be pushed into further debts and multitude of other problems like drinking water and going to bed on an empty stomach for one full year. They are heavily dependent on the Khariff crops sown this time of the year.Their conditions will become even more pathetic this year. The change in rainfall pattern due to the El Nino effect and erratic showers are virtually driving the farming community in the India to look for other occupational alternatives. Let’s take a quick look at some of the root causes a) Rapid Urbanization: With cities growing randomly as a result of the globalization effect we find that lots of lucrative jobs available that are more enticing and gratifying than the returns from agriculture b) The Real Estate: as cities expand...