-The Times of India Delhi, which was not even among the world's top ten urban sprawls by population in 1990, is already the second largest behind Tokyo and will continue to retain that position till 2025, according to a UN projection. Mumbai, which was at No. 5 in 1990, has climbed to the fourth spot and will be No. 3 in the next 13 years. The projections made in the UN's recent...
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‘Poor in India are ethical... we must lend more to the poor’
-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...
More »A state of criminal injustice -Praveen Swami
-The Hindu The conviction rate for every kind of crime is in free fall, engendering a breakdown of law that no republic can survive Even criminals, back in 1953, seemed to be soaking in the warm, hope-filled glow that suffused the newly free India. From a peak of 654,019 in 1949, the number of crimes had declined year-on-year to 601,964. Murderers and dacoits; house-breakers and robbers — all were showing declining enthusiasm...
More »Where the jobs are-Rajeev Dehejia
-The Indian Express The International Monetary Fund’s recent downgrading of the growth forecast for India from 6.2 per cent to 4.9 per cent for 2012, which came on the heels of the decline in the actual Growth Rate to below 5.5 per cent in the first half of 2012, has brought reforms back to the centrestage of the policy discourse. Which reforms are needed and why? India’s growth trajectory has been unique....
More »India ranked at 115 on women empowerment scale: Survey
-PTI Melbourne: India has been ranked at a poor 115 by a global survey which looked into the level of economical empowerment of women in 128 countries. The list was topped by Australia and followed by three Scandinavian countries -- Norway, Sweden and Finland. At the bottom of the list were Yemen, Pakistan, Sudan and Chad. The research done by an international consulting and management firm Booz & Company ranked India at 115 and...
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