-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...
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UN study finds increase in women managers, urges greater efforts for workforce equality
-The United Nations The last 20 years has seen a surge in the number of women employed in senior and middle management positions, according to a new United Nations report, which notes that although all-male company boards are decreasing in number, more must be done to achieve gender parity. The study, released by the International Labour Organization (ILO) and entitled Women in Business and Management: Gaining Momentum, covers 80 of the 108...
More »Tribals use traditional method, not pumps, to irrigate fields
-PTI Indore: A group of tribal farmers in a remote hilly area of Madhya Pradesh's Barwani district continue to use a century-old irrigation method instead of modern motor pumps, enabling them to grow crops throughout the year. By following the technique, popularly called 'Paat' among tribals, 13 farmers in the hilly Aavli village of the district are able to irrigate their fields, spread on 125 acres of land, from far off water...
More »Decoding the oil price fall -Raghuvir Srinivasan
-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...
More »No norms yet to keep land acquisition to bare minimum -Anumeha Yadav
-The Hindu The recent ordinance amending the Land Acquisition Act has exempted several categories of projects from the requirements of owners' consent and social impact assessment before acquiring land. Officials, however, say norms are yet to be worked out to ensure that only the bare minimum of the land required is acquired. The Act excluded private hospitals, educational institutions and hotels from the category of infrastructure projects. Under the ordinance, public-private projects...
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