-The Business Standard The dominant theme in the pre-election discourse is that misrule by the United Progressive Alliance (UPA) in its second term has led to sharply lower growth of gross domestic product (GDP), which Narendra Modi will reverse, the way he has made Gujarat shine. But the evidence on hand does not support this correlation between the quality of national political leadership and growth performance. If anything, there is...
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Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »UN Focuses on Faltering Goals: Water, Sanitation, Energy -Thalif Deen
-IPS News UNITED NATIONS- When the U.N.'s Millennium Development Goals (MDGs) reach their deadline in 2015, there will still be a critical setback: millions of people in the developing world without full access to safe drinking water, proper sanitation and electricity in their homes. Conscious of this shortcoming, the 193-member General Assembly hosted a two-day high-level meeting, which concluded Wednesday, to address three thematic issues: water, sanitation and sustainable energy, specifically in...
More »Young and jobless -Jitendra
-Down to Earth Across the globe, unemployment is growing three times faster among youngsters than among those above 24 years of age The good news is that economies the world over are set to grow. The bad news is that the growth will not be able to check unemployment that has been rising steadily since the 2008 Global Financial Crisis. Over 202 million people were jobless worldwide in 2013, which is 25...
More »Benarasi death net-Biswajeet Banerjee
-Sunday Pioneer A cluster of villages engaged in weaving the exquisite Benarasi sarees is in the midst of a serious health crisis. More than 1 lakh people from this once prosperous region have fallen prey to aggressive tuberculosis. Poor living conditions, working in dark rooms and constant inhalation of minute silk threads have weakened the lungs of these artisans. With an average monthly income of not more than Rs3,000, it is...
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