The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...
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Wasteland map shows 5000sqkm gain-Basant Kumar Mohanty
Here’s a “growth story” that Standard and Poor’s missed: a piece of official statistics shows good old India has grown — literally. Over 5,000sqkm of wasteland has been converted into “net” usable terrain between 2005 and 2008, according to the Wasteland Atlas of India that was released today. Even Bengal, pilloried for profligacy and other wasteful pastimes, has done its modest bit to transform wasteland. But the big battles against barren land...
More »Bihar proposes to set up 25 hydel power projects
-PTI Heavily dependent on the Centre for supply of electricity and facing acute power shortage, Bihar has taken steps for setting up 25 hydel power projects for generating about 800 MW with the proposals at various stages of approval, official sources said. Bihar State Hydel Power Coporation Limited Managing Director A K Pandey told PTI that the state had at present 54 MW capacity hydel power plant and work was on at...
More »JK Bank under RTI Act-Umer Maqbool
SIC Declares Bank As Public Authority; Invokes Maharaja’s Order, Appointment Of Directors, Removal Of Drabu As Grounds Srinagar, Apr 24: In a significant judgment, the State Information Commission (SIC) on Tuesday ruled that J&K Bank Limited is a Public Authority under Jammu and Kashmir Right to Information Act-2009, entitling people to seek information from the premier financial institution of the State. Announcing the decision, the full Bench of SIC comprising Chief Information...
More »South Asia to receive average monsoon this year
-Reuters India may have average rainfall in 2012 despite fears the El Nino weather pattern may emerge in the second half of the season South Asia is likely to receive average monsoon rains in 2012, a global forum relied on by governments for forecasting said, erasing the possibility of any drought in the region and India, which is a major consumer and producer of farm commodities. "The region is likely to receive average...
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