India's cabinet has approved a major new policy to develop national manufacturing. The policy aims to create a 100 million jobs in the next 10 years and allows for a series of special new zones to support manufacturing growth. At the moment, that sector only accounts for about 16% of the country's gross domestic product. That has barely changed in the last three decades and is seen as well below India's potential. It is...
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Fortifying our future by Kalpana Kochhar
-The Hindustan Times The World Bank and International Monetary Fund just concluded their annual meetings in Washington. At an event on nutrition in South Asia, the evidence presented was clear and astonishing. On the one hand, South Asia has experienced robust economic growth averaging 6% a year over the past 20 years. On the other hand, the region continues to have unacceptably high rates of malnutrition with Bangladesh and India having...
More »Maruti’s Modern Times clash by Sujan Dutta
In the brown smog that covers Manesar this late autumn, large trucks that pack half-a-dozen cars each into their containers queue on the broken highway from Delhi to Jaipur and park any which way they can. Their drivers loll in the teashops and dhabas. Few know when their containers will be loaded with Maruti Suzuki’s deliverables: cars named Swift and Dzire and A-Star and Sx4 that have been booked by tens...
More »Workers strike thrice in five months, How Maruti lost connect with them by Sruthijith KK & Chanchal Pal Chauhan
There isn't a single burning, insurmountable issue because of which workers at Maruti's Manesar plant have struck work thrice in the last five months . Sruthijith KK & Chanchal Pal Chauhan report from Manesar that at its core lie accumulated grievances and resentment, and events are adding fuel to the fire A day after workers at Maruti Suzuki's Manesar facility went on strike in June, 55-year-old MM Singh, the company's head...
More »World hunger report 2011: High, volatile prices set to continue
-FAO Food price volatility featuring high prices is likely to continue and possibly increase, making poor farmers, consumers and countries more vulnerable to poverty and food insecurity, the United Nations' three Rome-based agencies said in the global hunger report published today. Small, import-dependent countries, particularly in Africa, are especially at risk. Many of them still face severe problems following the world food and economic crises of 2006-2008, the UN Food and...
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