The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...
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Rural Industrialisation as the ‘Mahayana’ of International Cooperation: A World Waiting to be Born by Saurabh Kumar
The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...
More »Bill to bar HIV bias at workplace
HIV/AIDS screenings on job applicants and existing employees may be banned under a proposed policy that says the infection should in no way affect employment. The National Policy on HIV/AIDS and Work Place, crafted by the Union labour ministry with the International Labour Organisation’s assistance, will form part of the HIV bill being drawn up by the health ministry. The bill seeks to make employers liable for discrimination against staff with...
More »Rural India poorer than estimated: Tendulkar Panel
It is official now that the poverty in India is much more than earlier estimated. The Suresh Tendulkar Committee report submitted this month (December 09) estimates poverty in India at over 37 per cent (2004-5) and not at 28 per cent as calculated earlier. With recent price rise in food items factored, the current level could be even higher (See the link of the report below). The Government of India had...
More »Road to Copenhagen by R Ramachandran
It has been a bumpy ride, with developed countries failing to make definite commitments and India hinting at a shift of stance. THE last leg of the climate change talks held in Barcelona, Spain, on November 2-6 in the run-up to the all-important 15th Conference of the Parties (COP-15) to the United Nations Framework Convention on Climate Change (UNFCCC) in Copenhagen in December did not result in any dramatic development...
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