An amendment to the Land Acquisition Act is being formulated to ensure minimum displacement of people and assess compensation on a scientific basis, Finance Secretary Ashok Chawla said on Monday. Speaking at a one-day Infrastructure Financing Conference jointly organised by the High Commission of India and the City of London at Mansion House here, the Finance Secretary said, "The Land Acquisition (Amendment) Bill, 2010, is under preparation, based on the principles...

Fifty thousand jobs? The U.S. economy has lost that many every week, on average, for a straight 140 weeks since December 2007. Now that the media's gush and drool over the Obama visit has run dry — thanks to other far more interesting events — it might be worth looking at a couple of ‘outcomes' that much of our media seemed pretty taken with.‘Twenty deals worth 10 billion dollars that create...

The Global Hunger Index report paints a gloomy picture of South Asia and Sub-Saharan Africa. WITH the deadline for achieving the Millennium Development Goals just five years away, the 2010 Global Hunger Index report prepared by the International Food Policy Research Institute (IFPRI) paints a gloomy picture of South Asia and Sub-Saharan Africa. Some 29 countries in these regions, it says, have levels of hunger that are alarming or extremely alarming....

Basic social security remains out of reach for most people across the world, especially in poorer countries, despite the crucial role it plays in cushioning people from the consequences of economic crises, according to a United Nations report unveiled today. The “World Social Security Report 2010-2011: Providing coverage in times of crisis and beyond,” prepared by the UN International Labour Organization (ILO), examines the gaps in access to social security programmes...

Launched 20 years ago with the simple line that "people are the real wealth of a nation", the United Nations' Human Development Report has become the most trusted annual indicator of progress in developing nations. The 20th anniversary report charts progress going back 20 years before that first publication - so it is an ambitious attempt to chart development achievements - or not - going back 40 years. The UN Development Programme's...