-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...
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India, other developing nations drive global economic growth: UN -Arlene Chang
-First Post While the average Human Development Index (HDI) for the region is 0.558, below the world average of 0.693, South Asia saw the highest growth in the index between 2000 and 2012, according to the United Nations Human Development Report 2013. The region registered an annual growth of 1.43 percent in HDI, the highest compared to other regions. It also said that the developing countries as a whole are driving the...
More »Food prices worry govt ahead of 2014 elections -Rajeev Deshpande
-The Times of India The Manmohan Singh government's mission in a pre-election year seems cut out: To check and roll back retail food inflation that rose from 4% in January last year to 13% in December, a trend that could blight its 2014 poll ratings. With food prices accounting for half of overall inflation, this group stayed above 10% most of last year, higher than the overall consumer price index figure of...
More »Police reforms Kashmiris can do without-Salman Anees Soz
-The Hindu While the people of Jammu & Kashmir have a deep-rooted mistrust of state institutions, there are also substantive and unacceptable provisions in the proposed legislation While much of the country is focused on the budget and its implications for the economy and individual pocketbooks, Kashmir is focused, with much trepidation, on a draft police reform bill. This in itself gives one a sense of the disconnect that exists between Kashmir...
More »Growth in pits, PM targets mining in opposition-ruled states -Rajeev Deshpande
-The Times of India Under pressure to energize the economy ahead of the 2014 election, the Manmohan Singh government is reaching across political divides to rescue mining projects in opposition-ruled states of Goa, Odisha and Karnataka. With third quarter growth sinking to 4.5% and the economic survey pointing to a mining and quarrying slowdown as a reason for poor industrial growth, the Centre has decided to ask the Supreme Court to relax...
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