-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
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At 58%, Surat has highest migrant population in India: Unesco
-DNA Gujarat is among key destination states for migrants along with Delhi, Maharashtra, Haryana, Punjab & Karnataka. Surat, which is famous for its diamond and textile industries, is home to the highest percentage of migrant population in India, states a Unesco report on ‘Social Inclusion of Illegal Migrants in India'. The report, released on Thursday, says that Surat at 58% has the highest percentage of migrant population in India. The population of...
More »Wal-Mart gets clean chit in Fema case-Deeptiman Tiwary
-The Times of India NEW DELHI: The Enforcement Directorate has given a clean chit to Wal-Mart, the world's largest supermarket chain, in a case related to alleged violation of Foreign Exchange Management Act (Fema), a move that may pave the way for the US retailer to pursue its India investment plans more aggressively. Earlier this week, ED wrote to the RBI, saying a case of violation could not be made out as...
More »Highest gender gap in employment rates in India: survey -Vidhi Choudhary
-Live Mint Payroll-to-population employment rate for women in South Asia 10% against 36% for men New Delhi: India and other South Asian nations have the world's highest gender gap in employment rates, according to a survey by Gallup Inc., a US research and consulting services company. The payroll-to-population (P2P) employment rate for women in South Asia is 10% as compared to 36% for men, a deficit of 26 points. Globally, the deficit in...
More »Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
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