Issue Seven: India's Development Race

Welcome to the monthly newsletter for journalists about the impact of subsidies, produced in partnership by IPS - Inter Press Service and GSI - Global Subsidies Initiative.

THIS MONTH'S FOCUS:
INDIA’S DEVELOPMENT RACE
The 16 major Indian states are increasingly subscribing to an idea of development that closely links subsidies and land reallocation to expected growth in state domestic product. In doing so, they have made land an even scarcer resource for occupations like agriculture. So far, India has approved 366 special economic zones — in the face of widespread people's opposition.
ABOUT THIS NEWSLETTER

Subsidies —transfers of public money to private interests— are so common that for the most part they go unnoticed; they can also be arcane and complex, posing tremendous challenges for journalists. Yet, many experts believe that subsidies are one of the most critical factors in determining the sustainability of a government’s economic, social and environmental policies. Read more here about the organisations that have partnered to bring you this newsletter, and why.

 

Hidden Cost of Race for Investment
By Rahul Goswami
Convinced that India’s 8-9 percent GDP growth rate can be exceeded regionally, states are locked in a race to swing capital their way by offering ever-newer, more attractive packages of incentives that are in fact, public monies subsidising private commercial enterprises at the cost of social-sector spending
 
More information about subsidies
The Global Subsidies Initiative cooperates with an international network of researchers working on subsidy related issues. Journalists working on stories that involve subsidies, and who are in search of expertise, information and support are invited to contact Javed Ahmad, the GSI's Director of Communications, at info@globalsubsidies.org.

Rahul Goswami - Bio

Rahul Goswami is a policy researcher, journalist and editor. He writes regularly for the Khaleej Times (Dubai), Today (Singapore) and the Gomantak Times (Goa, India). He has recently been published (2006-current) in volumes on several subjects including work and gender in India's North-East, the Kyoto Protocol and South Asia, and rural health and health policy in Maharashtra (India).

SUBSIDIES STORIES FROM IPS - RECENT ARTICLES

ENVIRONMENT: For Troubled Fishing Industry, Less Is More
By Stephen Leahy
BROOKLIN, Canada, Dec 11 (IPS) - Catch less fish. Make more money. Could this be the solution to the global overfishing crisis?


ENERGY: Nascent Biofuel Market Has Birth Defects
By Mario Osava
RIO DE JANEIRO, Dec 7 (Tierramérica) - The development of an international market for crop-based fuels could reduce climate changing gas emissions and mitigate the inflationary impacts of the current euphoria surrounding this energy alternative, but it is a process that will take years.
DEVELOPMENT: Food Prices Climbing With No End in Sight
By Abra Pollock
WASHINGTON, Dec 5 (IPS) - Globalisation, climate change, and the mass production of biofuels are pushing up food prices worldwide, which could jeopardise the livelihoods of the world's poorest, according to a report released Tuesday by the International Food Policy Research Institute (IFPRI).
TRADE: Subsidies Reform Still a Game of 'You First'
By David Cronin
BRUSSELS, Dec 3 (IPS) - Back in 2001, the European Union committed itself to phasing out all forms of subsidies that help its farmers sell food abroad.
Q&A: The Senselessness of Tax-Free Oil and Subsidised Ethanol
Interview with Marcos Sawaya Jank
RIO DE JANEIRO, Nov 29 (IPS) - Protectionist measures for renewable fuels are unacceptable while trade in polluting and costly fossil fuels is completely free, says Marcos Sawaya Jank, president of an organisation representing the most competitive producers of sugar and ethanol in the world, in this interview with Mario Osava.
AGRICULTURE: Costly Prosperity
Analysis by Mario Osava
RIO DE JANEIRO, Nov 9 (IPS) - Many of the people who are now complaining that biofuels are driving up agricultural prices fought in the past against the "deterioration of the terms of exchange," or the devaluation of commodities with respect to manufactured goods, as a key factor in underdevelopment.

RELATED WEB SITES
Subsidies – Who really benefits?
http://ipsnews.net/new_focus/subsidies/index.asp
Subsidy Watch Archive
http://www.globalsubsidies.org/rubrique.php3?id_rubrique=33

  Read our free newsletters:
Issue Six: Services Sector Subsidies
Issue Five: Energy Subsidies
Issue Four: Investment Incentives
Issue Three: WTO Farm Subsidy
Issue Two: Investigating Subsidies
Issue One: Biofuels
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