Now that Europe’s debt crisis is unfolding all around us, shouldn’t we question why the world is determined to live beyond its means and not worry how it sabotages our common future? The debt crisis is a mere symptom of a deeper malaise. The fact is that countries, private companies and individual households can run only if they can borrow against their assets and hope that the debt will grow slower than the value of their asset. Most financial analysts will now tell you that this business is doomed because of the Ponzi scheme nature of the loan business, where borrowing is used to speculate to get more loans and so repayment becomes difficult and over time impossible.
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I was in Kathmandu last week. An interesting time to be in Nepal as a political observer, watching the Jhalanath Khanal-led government run out of time to cobble together a coalition. Unfortunately, I wasn’t there as a political observer. My task was to meet with the top brass in the government’s Education department. And to try to figure out if an environment programme that has managed to excite and engage school students in India, would work its magic in Nepal, too.
The Government of Kerala has directed the Kerala State Council for Science Technology andEnvironment (KSCSTE) for monitoring endosulfan persistence in soil, water and bloodsamples in the selected areas of Kasaragod District and its impacts on human health andenvironment vide G.O. (MS) No. 1550/20/10/HFW, dated: 09.04.2010 (Annexure I).
It was in February 2001 that Down To Earth broke the story.
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There is no doubt US President Barack Obama was in India on a business trip. His recent electoral losses weighed heavily with him when he stitched up deals, reportedly worth US $10 billion, that would create about 50,000 jobs back home.
Like forests, tigers, minerals and groundwater, schools too, will now be meticulously ‘mapped’ by government agencies. The purpose is to find out if there are enough good ones around to cater to thousands of aspiring toddlers (looking for nursery admissions, of course!). Focus, in this case, will be rivetted on our cities, which are bursting in the seams. In fact, the Delhi administration has already made a public announcement, promising its citizens a secondary school, offering ‘quality education’ in every locality. A wise move by a very savvy Chief Minister. Why?