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India cabinet approves manufacturing push by Jill McGivering

India's cabinet has approved a major new policy to develop national manufacturing. The policy aims to create a 100 million jobs in the next 10 years and allows for a series of special new zones to support manufacturing growth. At the moment, that sector only accounts for about 16% of the country's gross domestic product. That has barely changed in the last three decades and is seen as well below India's potential. It is...

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A tale of three islands

-The Economist   The world’s population will reach 7 billion at the end of October. Don’t panic IN 1950 the whole population of the earth—2.5 billion—could have squeezed, shoulder to shoulder, onto the Isle of Wight, a 381-square-kilometre rock off southern England. By 1968 John Brunner, a British novelist, observed that the earth’s people—by then 3.5 billion—would have required the Isle of Man, 572 square kilometres in the Irish Sea, for its standing...

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Shortages in a labour-surplus economy by N Chandra Mohan

Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...

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Kudankulam plant has in-built safety mechanism: Experts

-The Hindu   The Kudankulam Nuclear Power Plant (KKNPP) has built into its design a multi-layered safety mechanism along with additional protocols to safeguard against systemic or human error at the 2000-MW station, nuclear experts said on Sunday. The incorporation of broad-ranging safety features makes the plant completely safe and insulated from a set of worst-case radiation risk scenarios, including a Chernobyl-type calamity or a Fukushima-like disaster set off by a tsunami, scientists...

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Home voices against Anna by Jaideep Hardikar

Vilas Bhagwan Pote grins as he recalls his election as sarpanch of Ralegan Siddhi, Anna Hazare’s village in Ahmednagar district, 11 years ago. “I was the traitor, the bad guy,” he jokes. “I openly defied Anna because I felt he was wrong.” Pote, a Dalit charmakar (cobbler) then in his 30s, had been unhappy as the 2000 panchayat polls drew close. As always, Anna had nominated a new executive body for the...

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