-PTI NEW DELHI: Rain and flash floods have pushed back development works in Uttarakhand by decades and the challenge at the moment is to build smarter projects without impacting the fragile environment of the hilly region, said World Bank's country director Onno Ruhl. "In Uttarakhand, the challenge is to build smarter, so that they do not undermine the fragility of the environment," he told PTI after the approval of a $250 million...
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Union budgets since 2008 show India spends 0.0009% of its GDP on disability -Moushumi Das Gupta
-The Hindustan Times Nilesh Singit, 43, completed his Master's degree in Literature from Mumbai university in 1993 and a course in information technology soon after, and thought he was ready for the job market. Responses from the initial telephonic interviews too sounded positive. Then he went for the face-to-face rounds. A cerebral palsy survivor, Singit was rejected by one company after another - for four years. Dejected, he decided to turn entrepreneur....
More »ADB to lend India $500 mn for renewable energy project
-Reuters NEW DELHI: The Asian Development Bank will provide a $500 million loan to build a transmission system for solar and wind energy in western India, the bank said on Friday, a day after it announced a $400 million package for a water and sanitation programme in the eastern part of the country. The loans from the Manila-based bank come at a time when India is looking to boost dollar inflows to...
More »Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
More »Why the food security bill matters to developing Asia-Vinod Thomas
-The Economic Times For all the controversy around it, the breathtaking scope of India's food security scheme for nearly two-thirds of the population sends a powerful message across developing Asia. The region leads the world in the pace of economic growth, yet public spending on social protection as a share of GDP is lower than that in any other region except sub-Saharan Africa. Economic growth is a proven means to lift millions...
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