The current contraction in global economic growth offers an opportunity to re-assess what will foster economic resurgence. The sustained growth of India’s IT sector is a further example of what can be achieved through strategic use of IP A strong commitment to strengthening its IP capacity will help India unleash the full potential of its people The Indian government has declared a decade of innovation, emphasising the importance of innovation...
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Bittersweet tidings by Ashok Gulati and Tejinder Narang
Sugar, to mix one’s metaphors, is heading for a perfect storm. And this is being made because of our own policies. By the year-end, retail prices of sugar in Delhi and Mumbai may cross the Rs 40 per kg barrier — an almost 150 per cent increase in less than 15 months. And no, you can’t blame climate change or monsoon failures for this. So, what triggered the sugar crisis? In...
More »Global Report warns of impending violence and chaos
A UN Habitat publication warns that inequalities and worsening informal settlements (read slums) could lead to widespread violence and chaos in the cities and towns of the world. The newly-released report titled “Planning Sustainable Cities: Global Report on Human Settlements 2009” says that with almost 200,000 new dwellers flooding into the world cities and towns each day, there is an urgent need to check the mushrooming of such settlements. The...
More »Rebound in India Leaves Some to Struggle by Heather Timmons
When the Indian government met the largest economic crisis the world has faced in nearly 80 years with tax cuts, aid for rural workers and interest rate cuts, critics said it was not enough. Now, though, it looks as if the policy makers may have offered too much. India’s $1 trillion economy, largely insulated from the global crisis by low reliance on exports and a heavily regulated banking system, has exceeded expectations...
More »India’s Malnutrition Dilemma by David Rieff
“This is a country on the make.” The speaker was a young assistant to one of India’s rising political stars. And from his perspective, it did look that way. We were sitting in the lobby restaurant of New Delhi’s luxurious Taj Mahal Hotel. That evening, the Taj was not only the place for a government reception following Prime Minister Manmohan Singh’s decisive re-election victory, but it was also the scene...
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