-The Telegraph The world's 197 nations have finalised a landmark pact in Rwanda's Kigali to combat global warming by phasing out industrial gases called hydrofluorocarbons (HFCs) currently used in air-conditioners and refrigerators. The Kigali agreement gives India 10 years to prepare its industry to shift from HFCs to alternatives that are now expensive and could mean higher prices for consumers. "We were flexible, accommodative and ambitious," Union environment minister Anil Madhav Dave said...

-Livemint.com Uttar Pradesh fared better under BSP rule than SP regime in economic activities In an attack against Bahujan Samaj Party (BSP) leader Mayawati, Uttar Pradesh chief minister Akhilesh Yadav, on Monday said that if the people of the state vote for development, they would elect the Samajwadi Party (SP) government again as it has outpaced the previous government on the development front. A quick analysis of some of the development indicators in...

-Livemint.com The transformation of the Indian countryside has been slow and messy One of the celebrated success stories of India’s growth experience over the past decade was the rapid transformation of the countryside, with a massive shift in the rural labour market away from farm jobs. Two labour economists have now challenged the empirical foundations of that success story, raising deep questions on the nature and scale of that transformation. Their research also...

A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in.   (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...

-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...