ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Floods in Orissa: No Lessons Learnt

Orissa is prone to natural disasters, especially floods. Yet, the authorities have not been able to draw up an effective disaster management plan and politicians continue to play politics with relief works. What is needed in dealing with these disasters and the relief and rehabilitation work that follows is the participation of the local community and functionaries of panchayati raj institutions, and coordination with national and international bodies.

Fishing Communities on Chilika Lake

Over the years traditional fishing methods and fishermen's organisations have undergone dramatic change on the Chilika Lake. Fishing and shrimp culture operations now rely overwhelmingly on informal credit structures which have in turn led to increasing indebtedness and the lake itself is shrinking gradually because of siltation and environmental damage.

Poverty Alleviation after Post-Liberalisation-Study of a Tribal Block in Orissa.

Study of a Tribal Block in Orissa. Kishor C Samal Chronic poverty and hunger remain serious problems in spite of economic growth. There are many approaches to the problem of chronic poverty in developing countries. India has implemented various poverty alleviation programmes. A study of these programmes in a tribal block in the state of Orissa shows that empowerment through local democracy, land reform and education along with better credit delivery and growth of the rural non-farm sector are necessary to help the poorest of the poor DEVELOPMENT at the" aggregate level offers little relief to the poor. Growth is not enough to eliminate 'chronic' poverty and hunger. Public action is needed to eliminate of starvation. For eliminating chronic hunger and poverty' two broad strategies growth- mediated security and support-led security have been followed which have the common feature of marshalling public action [Dreze and Sen 1989], A combination of two the strategies is desirable. It is important to distinguish between 'transient' poverty due to natural calamities, etc, and 'chronic' poverty which implies starvation and malnutrition and even death [Ravallion 1992].

Emerging Equity Market in India-Role of Foreign Institutional Investors

Role of Foreign Institutional Investors Kishor C Samal In recent years, particularly in developing countries including India, there has been increased liberalisation of domestic financial and capital markets, and an opening up of the market to foreign institutional investors. The main emerging feature of India's equity market is its gradual integration with the global market and its consequent problems due to the hot money movement by Foreign Institutional Investors (FIIs). Therefore, policy measures to 'develop' equity market should aim to encourage small domestic investors to participate in it and counter the tendency of the FIIs to destabilise the emerging equity market.

Retooling Rural Financial Institutions

I READ with interest the paper by Kaladhar (EPW, September 28, 1996). He has raised various interesting issues such as (i) project approach to lending, (ii) financial services from the perspective of rural poor, (iii) approach to delivery of financial services by informal sector, and (iv) successful rural financial institutions (RFls) in other developing countries. This note intends to supplement some of the issues raised by Kaladhar.

Linkages between Informal and Formal Manufacturing Sectors

Linkages between Informal and Formal Manufacturing Sectors Kishor C Samal I READ with interest Annapurna Shaw's 'Linkages of Large-Scale, Small-Scale and Informal Sector Industries: A study of Thana- Belapur' (EPW, Review of Management, February 17-24, 1990). The paper does not properly explain the concepts used. The paper is more descriptive than analytical and its con- elusion is limited.
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