-PTI NEW DELHI: The services sector contributed a whopping Rs 2.98 lakh crore to Delhi's gross domestic product (GDP) of Rs 3.65 lakh crore in 2012-13, keeping its position as the main driver of the city's economy. The services sector, which includes real estate, hotels, restaurants, banking, insurance, wholesale and retail trade, accounted for 81.54 per cent of Delhi's total GDP in 2012-13 compared to an 81.62 per cent contribution in 2011-12,...
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Keeping children out of labour
-The Hindu The economic vulnerabilities that confront households in the current sluggish recovery from the global meltdown are aggravating the fight against child labour, says the International Labour Organisation. Its latest report emphasises the need for universal coverage of at least a minimum level of social security to help some 215 million working children. Half that number is trapped in the worst forms of child labour - work akin to...
More »Building euphoria-Himanshu Upadhyaya
-Frontline But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...
More »Asia’s soaring consumption of raw materials unsustainable, UN warns
-The United Nations The Asia-Pacific region, which has overtaken the rest of the world in consumption of raw materials as affluence and manufacturing increase, must boost its resource efficiency or risk losing ground in lifestyle, economic growth and environmental sustainability, according to a UN report released today. From 1970-2008, consumption of construction minerals increased 13.4 times, metal ores and industrial minerals consumption 8.6, fossil fuels 5.4, and biomass 2.7 times, according to...
More »Rural job scheme did little to raise farm wages: CACP-Sanjeeb Mukherjee
-The Business Standard Overall GDP growth, farm growth has more impact on increasing real farm wages than MGNREGS Even as the United Progressive Alliance government is touting the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) as its biggest step for the uplift of the rural poor, a discussion paper floated by the Commission for Agricultural Costs and Prices (CACP) suggests compared to this scheme, growth in overall gross domestic product, agriculture...
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