India ranks a dismal 134 among 187 countries in terms of human development index in the UNDP's latest Human Development Report. Against this bleak backdrop, the bugle of caution is rightly sounded by the United Nations Development Programme (UNDP) in its latest Human Development Report (HDR), released in Copenhagen on November 2 jointly by Danish Prime Minister Helle Thorning-Schmidt and UNDP Administrator Helen Clark. As the international community is busy preparing...

The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...

-The Hindu   A few recommendations by the Indian Council of Forestry and Research and Education (ICFRE) have upset the National Council for Protection of Natural Resources (NCPNR), which is fighting a legal battle against illegal mining in Karnataka and Andhra Pradesh. The ICFRE which carried out a macro-level Environment Impact Assessment (EIA) study of Bellary district following a direction from the Supreme Court had submitted its report to the court recently. Recommendations such...

Study commissioned by Supreme Court calls for output cut after finding extensive damage to biodiversity, air quality A Supreme Court commissioned study on iron ore mining in Karnataka’s Bellary district has suggested production of the steel-making raw material should be cut by as much as 40% to prevent environmental degradation. The environment impact assessment (EIA) report, prepared by the Indian Council of Forestry Research and Education (ICFRE), has recommended that the district...

The United Nations unveiled its 22nd annual Human Development Report on Wednesday, with grave warnings that unless countries take action against climate change and implement sustainable solutions, progress in human development will be in serious jeopardy. Trends over the past 40 years indicate extraordinary progress in health and education in some of the world's poorest countries, and if those trends continue, by 2050, most countries will have achieved or surpassed standards...