The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...
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'The level of violence has gone up tremendously in Chhattisgarh'
Even after spending more than two years in prison on charges of being a Naxal supporter under the draconian Chhatisgarh Special Public Security Act, Dr Binayak Sen's enthusiasm for speaking for the rights and the wellbeing of the tribals in Chhattisgarh has not diminished one bit. Out on bail since May 25, 2009 -- he was arrested in May 2007 -- Dr Sen was in Mumbai recently to speak at a...
More »Rural India poorer than estimated: Tendulkar Panel
It is official now that the poverty in India is much more than earlier estimated. The Suresh Tendulkar Committee report submitted this month (December 09) estimates poverty in India at over 37 per cent (2004-5) and not at 28 per cent as calculated earlier. With recent price rise in food items factored, the current level could be even higher (See the link of the report below). The Government of India had...
More »UN reports promising trend in HIV infection rates, record numbers living with virus
The trend in new HIV infections around the world has slowed markedly over the past eight years, according to a United Nations report released today, which also notes that more people than ever before are living with the virus. The 2009 AIDS Epidemic Update reported that new HIV infections have been slashed by 17 per cent globally and that some 33.4 million people are now living with HIV, while AIDS-related...
More »The gloves go on
AT THE recent food summit in Rome, President Luiz Inácio Lula da Silva donned a pair of bright-red boxing gloves labelled “Hunger Free” and waved to the cameras. They were his prize—if that is the right term—for Brazil’s success in topping a league table drawn up by ActionAid, a British charity, of countries that have done most to reduce hunger*. The occasion was a stunt, of course, but had a...
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