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Ministry proposes changes in SEZ rules by Asit Ranjan Mishra

SEZ have been hurt by the global downturn and contraction in demand for domestic goods and services The commerce ministry has proposed measures to make it easier for developers to exit special economic zones (SEZs) that have been struggling with a contraction in global demand for goods produced at the tax-free enclaves. Specific provisions for the denotification of SEZs have been been put up for public comments till Thursday, after which they...

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Rural Industrialisation as the ‘Mahayana’ of International Cooperation: A World Waiting to be Born by Saurabh Kumar

The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...

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A New Brand Driver by Ashok V Desai

We Indians implicitly believe in India’s great past. Recently, that past has been given a statistical underpinning by Angus Maddison. To celebrate the beginning of the 21st century, Maddison wrote a book called The World Economy: A Millennial Perspective. There he says that India was the world’s largest economy in the first millennium AD. It produced one-third of the world’s income in the first century, and 29 per cent in...

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A possible link between hydraulic fracturing and pollution of groundwater supplies causes concern.  Environmental groups contend that governments have been slow to react and are not looking hard for contamination Gas companies use at least 260 types of chemicals, many of them toxic, during the hydraulic fracturing process Victoria Switzer dreamed of a peaceful retirement. Instead, she is coping with a big hassle after a nearby natural gas well contaminated her family’s...

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