The current contraction in global economic growth offers an opportunity to re-assess what will foster economic resurgence. The sustained growth of India’s IT sector is a further example of what can be achieved through strategic use of IP A strong commitment to strengthening its IP capacity will help India unleash the full potential of its people The Indian government has declared a decade of innovation, emphasising the importance of innovation...
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Rapid Urbanization Pushing Local Government Budgets to the Limit in India
Rapid urbanization is placing significant stress on the budgets of India's local governments and more must be done to improve their financial status to enable them to fund infrastructure projects and delivery of essential services. To address the issue, the Asian Development Bank (ADB) has agreed to a request from the Government of India to support a study to assess the state of India's local government finances and identify key...
More »Mixed messages in hunger report
Brazil and China have been praised for their efforts to tackle hunger, in a development charity's report released to coincide with UN World Food Day. But the ActionAid report criticises India and others countries for not doing enough to alleviate the problem. The agency also ranked rich countries, saying Luxembourg is trying hardest to end global hunger, while the US and New Zealand rank bottom. Studies estimate that one billion...
More »Farm yield may fall in South Asia by Padmaparna Ghosh
South Asia will be badly hit by declining crop yields stemming from climate change, a report by the International Food Policy Research Institute (Ifpri) has found ahead of a food security summit next month. Another study, released by the Food and Agricultural Organization on Thursday, also said that farm yields will be adversely affected by global warming. The Ifpri report—made public on Wednesday—analysed 32 crops and livestock commodities in 281...
More »Free Trade Agreement will benefit India: Scindia by Priscilla Jebaraj & Shyam Ranganathan
Concern over the domestic economy should not result in barriers on free trade, according to Union Minister of State for Commerce and Industry Jyotiraditya Scindia. While the country would benefit from opening itself up further to international competition, he promised that the interests of farmers and labour-intensive industries would be protected. In a discussion with journalists from The Hindu group on Wednesday, Mr. Scindia defended the Free Trade Agreement (FTA)...
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