Tag Archives: prabhat patnaik

India: What Ails the Giant?

14 Apr Prabhat Patnaik. Photo courtesy Vipin Chandran/The Hindu

BETWEEN 1997 and 2005, one Indian farmer committed suicide every thirty-two minutes in India. Since then, it’s dropped to one suicide every thirty minutes. Last year, India fell two spots to rank 128th in the UN Development Program’s Human Development Index—behind El Salvador, Guatemala, Botswana, Sri Lanka and the Occupied Palestinian Territories. Yet, even in the face of massive rural and substantial urban distress, pundits continue to praise India for being a “powerhouse economy” and a “stirring giant.”

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