India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...
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The surge in wages
-The Business Standard Only anecdotal evidence has been available so far to back the assertion that there has been a sharp rise in agricultural wages. Now, field data bear out the trend. Collected by the Shimla-based Labour Bureau, these numbers show a roughly 50 per cent cumulative rise in rural labour wages in the past two years. The increase in Andhra Pradesh has been assessed at over 40 per cent...
More »BPL health insurance fails in Kalahandi
-Express News Service The benefits under the Rashtriya Suraksha Bima Yojana (RSBY) have failed to trickle down to the beneficiaries the Below Poverty Line (BPL) families. Though launched as a pilot project in Kalahandi in November 2009, poor management and lack of awareness among the BPL beneficiaries have marred the cashless treatment provision. Out of the surveyed 2,24,859 BPL families, 1,03,083 families were enrolled in 20092010. Ironically, in the first year, only 1,513...
More »What's in a name? urban or rural? by Kala Sridhar
What is rural and what is urban is largely an artefact of definition and relative. See the table below. Most of India's 'rural' population resides in villages that contain between 500 and 5,000 inhabitants. Some argue that in other countries, many of these villages would be classified as urban. These studies point out that if India were to be a little more liberal in its definition of urban areas (minimum...
More »Rs 30,000 crore black money recovered by CBDT
-PTI Taxmen have seized black money to the tune of a whopping Rs 30,000 crore in the country in the past two years, said the Central Board of Direct Taxes (CBDT) which is set to get investigative powers to boost its drive against wrong-doers. The CBDT is in the process of creating a Directorate of Criminal Investigation after getting approval from finance minister Pranab Mukherjee last week. CBDT chairman Sudhir Chandra said...
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