Cabinet clears change in divorce law: Women to get part of husband’s property In a move that could be a setback to land acquisition for commercial use, a parliamentary committee unanimously recommended that the government should not acquire land for industrial, commercial or for-profit enterprises or private companies. Instead, the panel, which has proposed legislation favouring landowners, recommends that private companies and public-private partnerships would have to buy land in the open...
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In India, an Inflation Dilemma -Anant Vijay Kala
Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...
More »India Serves Up Costly Cocktail of Vaccines by Ranjit Devraj
Ignoring widespread concern over the safety, efficacy and cost of pentavalent vaccines, India’s central health ministry has, this month, approved inclusion of the prophylactic cocktail in the universal immunisation programme in seven of its provinces. Pentavalent vaccine doses, a cocktail of five antigens in a single shot, confers immunity against five paediatric diseases - diphtheria, pertussis, tetanus, hepatitis B and haemophilus influenza type b (Hib), with the last one considered particularly...
More »It's Official: India's growth is jobless
The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...
More »India sparks solar energy market: Report
-IANS India's ambitious national solar programme has catalysed rapid growth in the solar market driving solar energy prices low and demonstrating how government policy can stimulate clean energy markets, according to a new report. In only two years, competitive bidding under India's National Solar Mission drove prices for grid-connected solar energy to nearly the price of electricity from fossil fuels, said the report released here Wednesday by the Natural Resources Defence...
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