Non-governmental organisations and individuals have urged Prime Minister Manmohan Singh to withdraw the report of the Expert Committee on Bt brinjal and reject the recommendation of the Genetic Engineering Approval Committee for its commercial cultivation. Similar letters written to Congress president Sonia Gandhi and Minister of State for Environment Jairam Ramesh and signed by 353 groups/persons, challenged the recommendation of the expert committee and charged it with succumbing to pressures...
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India wins slowdown battle; defeated by rising prices in ’09 by Chandra Shekhar and Rakesh Pathak
India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...
More »Copenhagen cop out by Praful Bidwai
It is apparent to everyone that the Copenhagen Accord is a travesty of what the world needs to avert climate change. Instead of an ambitious, effective, equitable and binding treaty with stringent emissions-cut targets for developed nations, we have a hollow Accord without legal status. The North has offered a 16 per cent emissions-cut when 40-45 per cent is needed. Years of talks have been set at nought by a...
More »Economy will recover by Arjun Sengupta
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...
More »Future bright for Indian economy, says Rangarajan
Fiscal slowdown has not affected India much Forecasting a brighter future for the country’s economy by 2009-10 end, C. Rangarajan, Chairman, Economic Advisory Council to Prime Minister, said that if a consistent growth of four per cent in agriculture and nine per cent in the industrial and services sectors were maintained over the next two decades, it would propel India into the comity of developed nations. In a talk on...
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