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ADB warns of bumpy road into 'Asian century'

-AFP   Asia could be as wealthy as Europe by mid-century, but only if it tackles key challenges from inequality and corruption to climate change, an Asian Development Bank study said Tuesday. On current trends, Asia will make up half the world's economic output by 2050, and another three billion people will have joined the ranks of the affluent, their incomes matching those of Europe today, said the report. But the ADB study...

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The right to skills by Manish Sabharwal

It’s been raining “rights” in Indian policy for the last few years — education, work, food, service, healthcare, and much else. This “Diet Coke” approach to poverty reduction — the sweetness without the calories — was always dangerous because of unknown side effects. Commenting in 1790 on the consequences of the French Revolution, Edmund Burke said: “They have found their punishment in their success. Laws overturned, tribunals subverted, industry without...

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Sighting land

-The Times of India   The unveiling of the draft National Land Acquisition and Rehabilitation and Resettlement Bill is better late than never. All over India, industrialisation and infrastructure are hobbled by land-related strife. Whether it's Singur in Bengal or anti-Posco protests in Orissa, such stirs are impeding development and spooking investors. Bringing in a set of predictable rules - any rules - is welcome in such a context. The Bill...

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Cabinet okays fund for unorganized sector

-The Times of India   The Union Cabinet on Thursday cleared setting up a national level social security fund for unorganized workers. The proposed National Social Security Fund will have an initial corpus of Rs 1,000 crore and will benefit 43.3 crore workers in the unorganized sector. Unorganized workers form the most significant part of total workers in the country and suffer from cycles of employment and absence of social security...

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'A-maizing' progress by Surinder Sud

Breakthroughs in the production and productivity of wheat and rice in the sixties and of cotton recently have been much appreciated, but similar advances in maize have gone largely unnoticed and unsung. Maize output has soared in the past 10 years from a mere 12 million tonnes in 2000-01 to over 21 million tonnes in 2010-11. This increase can largely be attributed to a surge in crop productivity rather than...

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