-The Hindu Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...
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11 million homes vacant against shortage upto 25 million units
-PTI Amid housing shortage of up to 25 million units in the country, Urban Development Secretary Sudhir Krishna on Friday said there are 11 million homes that are vacant as per the latest census figure and out of that 10 per cent lies in the national capital region. Addressing a real estate conference organised by the RICS, a global body to set standards for realty sector, Mr. Krishna said the Centre is...
More »Disparity among Indian rich higher than elsewhere-Anshul Dhamija
-The Times of India BANGALORE: India has one of the worst records in the trickle-down of wealth. As of last year, for every one billionaire in India, there were just 26 ultra high net-worth individuals (UHNIs)-those whose net assets are over $30 million excluding their primary residence. In Japan, for every billionaire there were 609 UHNIs. In Brazil and South Africa, which are comparable emerging markets, the ratio was 1:129 and 1:119...
More »To spur development, India puts nature in slaughterhouse -Chetan Chauhan
-The Hindustan Times India has driven the truck of development - loaded with tar, bricks, glass, concrete...the works - right through its most treasured and fragile green spaces in the last decade. While major cities like Delhi and Mumbai sacrificed green cover for real estate, the country's finest wildlife corridors have been ceded to indiscriminate industrialisation. In the absence of a clear policy to balance development and environment, the Aravallis in Gurgaon,...
More »PMO pulled out all stops to weaken eco, forest norms-Nitin Sethi
-The Hindu Some changes were ordered on the direct instructions of the Prime Minister The Prime Minister's office has repeatedly ordered and orchestrated dilution of environment and forest clearances in order to fast-pace industrial projects, documents with The Hindu show. In a series of orders and missives sent to the Union Environment and Forests Ministry over 2012-2013, the PMO instructed that regulations and norms had to be diluted or done away with. These...
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