-PTI The Commerce Ministry today said there was a need for a relook at the land ceiling rules for Special Economic Zones (SEZ) in view of protests against land acquisitions and it will shortly come out with a draft to bring changes in the SEZ Act of 2005. "There is a need [for a relook at] the SEZ rules and policies.... The minimum land requirement will also be relooked at, as land...
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No Jobs for Bureaucrats as India's Bihar Bids to Curb Poverty
-San Francisco Chronicle Bihar's chief minister, Nitish Kumar, who runs India's poorest and one of its most corrupt regions, announced a novel bid to tackle endemic poverty: taking the state's bureaucrats out of governing. His administration placed advertisements in newspapers this week, seeking a team of professionals to manage a $1.3 billion annual budget for programs involving job creation, housing, infrastructure and microfinance. In Bihar, a state of 103 million people in...
More »India has shortfall of 2.6 million health workers, says report by Malia Politzer
India, which holds the dubious distinction of the highest death rate for children under five and the highest maternal deaths in the world, also has a shortfall of 2.6 million health workers, a report said on Tuesday. The report by Save the Children India said that at 900,000 a year, India has the largest number of newborn deaths and is among five countries that account for more than half of the...
More »Poor countries lead in mother, child spending
-AP Bangladesh, Ethiopia, Nepal and some of the world’s other poorest countries helped lead the way over the past year as U.N. member states began meeting their unprecedented pledge of more than $40 billion for maternal and child health, a new study of the spending says. The spending report is being released Tuesday at a high-level event chaired by U.N. Secretary-General Mr. Ki-moon, who has made raising money for the health of...
More »Reasons for inflation known, but no light at the end of tunnel by Ashok Dasgupta
Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...
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