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More, better jobs in India, says World Bank report by Kalpana Kochhar

India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...

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Nabard starts infra lending to diversify by Atmadip Ray

The National Bank for Agriculture & Rural Development, or Nabard, has started lending directly to infrastructure projects out of its own resources for the first time in 30 years, in an attempt to diversify its activities and make itself relevant at a time when the dynamics of the rural market are changing.  Essentially a refinance bank till recently, Nabard has created a Rs 1,000-crore special window for lending to build core...

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KMSS rejects dam proposal by expert

-The Telegraph The Krishak Mukti Sangram Samiti has rejected an IIT expert’s proposal to use a certain piano key weir technology for the Lower Subansiri power project, basing it rebuttal on its own research on the technology. Nayan Sarma, head of department of water resources in IIT Roorkee, had proposed use of the technology during a meeting with the state government, members of the expert groups and representatives of the civil society...

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Empire strikes back by Samar Halarnkar

As you read this, the Unique Identity (UID) programme is likely to have enrolled 200 million Indians. The UID, if it is allowed to, will eventually become the world's largest database of human biometric markers - fingerprints, photo and iris scans. It could go on to 400 million by the end of the year and 600 million by next year. What good is this? If you talk to opponents concerned with civil...

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Looking beyond Durban: Where To From Here? by Navroz K Dubash

The lesson for India after Durban is that it needs to formulate an approach that combines attention to industrialised countries’ historical responsibility for the problem with an embrace of its own responsibility to explore low carbon development trajectories. This is both ethically defensible and strategically wise. Ironically, India’s own domestic national approach of actively exploring “co-benefits” – policies that promote development while also yielding climate gains – suggests that it...

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