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States can grow 1% for every 10% new Internet connections

-PTI Economies of Indian states can grow 1.08% faster with every 10% increase in Internet and broadband connections, says a study released today by Indian Council for Research on International Economic Relations (ICRIER). Consequently, for every 10% increase in Internet and broadband penetration, India could potentially add $17 billion to the Gross Domestic Product (GDP), the report said. "Our first major finding is the existence of a positive and significant coefficient on Internet....

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Fukushima: Fear Only The Irrational by Nathan Myhrvold

It would be grave folly to recoil from the N-option, our safest Nuclear Is Clear     The world needs cheap energy and, as of now, nuclear plants are the most efficient means to that end     Switching to fossil fuel sources will add to global warming. In extremis, the oceans could boil away.     The lesson from Fukushima is no worse than that tsunamis are a danger to everything in their path *** After the...

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Bit Sharers Of The Spoils by Pragya Singh

Muslims, SCs, STs reflect better social indices, closer to national averages Early in the morning, Mohammad Nadeem, a 25-year-old ‘pakka adati’, big wholesaler, at one of Muzaffarnagar’s fruit and vegetable mandis, briskly sets about selling carrots and oranges. As he expertly sifts through sacks of fresh produce, it’s difficult to picture him hawking peanuts by the roadside. But for five years in this bustling western Uttar Pradesh mandi, Nadeem’s store...

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Laureate for govt land role by Devadeep Purohit

Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...

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Setback to UID by Usha Ramanathan

The Parliamentary Standing Committee on Finance finds the UID project to be “conceptualised with no clarity” and “directionless”. THE Parliamentary Standing Committee on Finance has dealt a body blow to the Unique Identification (UID) project. The Unique Identification Authority of India (UIDAI) was set up under the Planning Commission by an executive order on January 28, 2009. The scheme involves the collection of demographic and biometric information to issue ID numbers to...

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