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Record highs in global unemployment likely to persist in 2011, UN reports

Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...

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''Girl child ignored even in areas with few medical facilities''

Girl child survival is skewedeven in those areas of northern India having limited access topublic health facilities and modern ultrasound technology asfamilies ''neglect'' them to ensure there are few survivors,says a new study. Since families can not know the sex of the foetus dueto lack of technology, girls born in these areas facesystematic healthcare neglect, specially in poorer communitiesto ''dispose them off'', says the study. Allowing the umbilical cord of the newly...

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India may have to wait till 2012 for information on black money

India, Switzerland had signed a protocol to amend the DTA last year It is expected to help India get details about illicit wealth India may have to wait till at least next year for information from Switzerland on the possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011. The treaty needs to be ratified by various authorities in India...

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Hand over PDS to village panchayats by Mani Shankar Aiyar

Fundamentally, our current crisis in food supplies as well as food prices arises out of the sidelining of Jawahar Lal Nehru’s dictum “everything else can wait but not agriculture”. Unfortunately, the last twenty years have been characterised by very low rates of agricultural growth, averaging around one percent per annum. This is almost equal to the rate of GDP growth during the last half century of British rule. In effect, in...

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Emerging Nations Tackle Food Costs by Eric Bellman and Alex Frangos

Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...

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