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Indian companies spent only 1.4% on CSR; telecom, media contributions lowest: report -Sourjya Bhowmick

-The Hindustan Times At a time when global political and business leaders are discussing at the World Economic Forum in Davos ways to be more socially responsible and reduce social divide, a report says most Indian businesses lag behind in fulfilling their corporate social responsibility (CSR). According to the report published by German development aid agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GiZ) in collaboration with the Indian Institute of Corporate Affairs...

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Private sector, ‘care economy’ will be key engines of job creation for next 5 years –UN report

-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...

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Hudhud, Kashmir flooding 2014’s costliest catastrophes, says report -Rajat Ghai

-Down to Earth While Hudhud caused $11 billion worth of damages, the flooding in the Indian and Pakistani portions of Kashmir was worth $18 billion The floods in Jammu and Kashmir and Cyclone Hudhud in Peninsular India were the costliest natural disasters of 2014, a new report has said. According to the ‘Annual Global Climate and Catastrophe Report' by leading global reinsurance intermediary and full-service capital advisor, Aon Benfield, while Hudhud caused $11...

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UN study predicts rising global unemployment due to slower growth, inequality, turbulence

-The United Nations An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend. According to the World Employment and Social Outlook - Trends 2015 (WESO) report, released today by the International Labour Organisation (ILO), the next four years will see the total number of people out of...

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Farmers’ Suicides and Fatal Politics -Vasanthi Srinivasan

-Kafila.org With depressing regularity, the newspapers have been reporting farmers' suicides in many states. Recently, P Sainath wrote on BBC that around 296,438 farmers have committed suicide since 1995. He also mentions that cash crop cultivators of cotton, sugar cane, vanilla, pepper, groundnut etc account for the bulk of those suicides. According to a PIL heard by the Supreme Court in December 2014, around 3146 farmers in Maharashtra have committed suicide...

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