The city has come to be known as the Detroit of India for its large concentration of automakers, but a series of labour disputes have rocked it, putting a question mark over industrial peace. Car markers such as Hyundai Motor India, German luxury car maker BMW and Ford Motor India besides Finnish handset manufacturer Nokia India have set up their plants on the city outskirts employing more than 23,000 people. As...
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Prabhat Patnaik, Professor at CESP, Jawaharlal Nehru University and vice-chairman of the Planning Board of Kerala interviewed by R Krishna
Last month, leaders from 185 countries met in New York to take stock of progress in achieving the Millennium Development Goals (MDGs) — which include, among other things, eradicating poverty and hunger, reducing child mortality, improving maternal health — that were set in 2000 by the United Nations. The aim was to achieve these goals by 2015. But 10 years down the line, the world is way behind targets in achieving...
More »Six ministries to decide on FDI retail by Anindya Upadhyay
An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...
More »Water-food-energy nexus in Asia by Arjun Thapan
In our frantic search for solutions to our water crisis, we tend to overlook the self-evident relationship between water, food, and energy. It is still not too late. As my colleague Tony Allan, a Stockholm Water Prize laureate says so pithily, the three are the corners of a triangle with politics and emotion at its center. About 80 percent of accessible freshwater in Asia is used for agriculture; the rest...
More »Much more than Commonwealth Games needed for lasting national prestige by Nandini Oomman
“India is Shining” in many ways, but the major hiccups in the run up to the Commonwealth Games (CWG), which opened on October 3 in New Delhi, highlight India's serious problems. Despite the colourful display of India's arts and culture at the grand opening ceremony, the frantic last minute interventions —including enlisting the Army (who did a remarkable job) to help with the final preparations — reveal the gross inefficiencies...
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