The country’s economic growth is expected to remain strong despite sluggishness in the manufacturing sector as a rebound in agricultural output is expected to support overall growth. Growth in the key farm sector, which accounts for nearly 17% of the nation’s GDP, has been a concern for policymakers for the past few quarters. But, healthy monsoon has raised expectations of strong farm output during July-September 2010. In addition, the arrival of...

The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...

The main greenhouse gases have reached their highest concentration levels since pre-industrial times, a United Nations climate research body said today. The World Meteorological Organization’s (WMO) 2009 Greenhouse Gas Bulletin warns that carbon dioxide, methane and nitrous oxide have all increased their presence, increasing their burden on the earth’s atmosphere. “Greenhouse gas concentrations have reached record levels despite the economic slowdown. They would have been even higher without the international action taken...

The recently published survey of employment and unemployment in India, conducted in 300 districts across the country, shows once again that without a reform of India’s archaic labour laws, the share of salaried employed will continue to remain low. The employment-unemployment survey was conducted by the Labour Bureau of the Union Ministry of Labour and Employment. Public attention has largely focused on the unemployment number that the survey threw up....

Indians believe that war and terrorism, global warming, pollution and over-population are the biggest problems facing the world. In contrast, people living in the United States and Britain, which are facing economic slowdown, feel that economic situation is a major global challenge. The findings were revealed on Tuesday by Sir Robert Worcester, founder of Mori, while launching King’s College London’s Global Index of Fear. The survey by Ipsos-Mori in eight countries —...