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Emerging economies have the worst records of underage workers

The Child Labour Index and map, produced by global risks advisory firm Maplecroft, rates 68 countries as ‘extreme risk’ with Bangladesh, China, India, Nigeria and Pakistan amongst those with the most widespread abuses of child workers.According to the ILO, there are 215 million children working throughout the world, many full-time. Of these, 115 million are exposed to hazardous forms of child labour. The index evaluates 196 countries on the prevalence,...

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Govt divided on retail FDI as FinMin says no by Surajeet Das Gupta

The government is divided over allowing foreign direct investment (FDI) in multi-brand and foodgrain retailing. While the Ministry of Finance is opposed to any change in the existing retail FDI policy, the Agriculture and Consumer Affairs Ministries, along with the Planning Commission, are open to the proposal mooted by the Ministry of Commerce and Industry. At present, FDI in these areas of retailing is banned. The finance ministry’s position gains significance in...

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Agricultural growth remains central to poverty reduction, says report

One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...

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Buddhaism:Invest in Bengal but run slow; turn to agri

Want to invest in West Bengal? Try agriculture—that was the message from chief minister Buddhadeb Bhattacharjee to captains of industry at a CII National Council meeting here on Wednesday. At a roundtable with industry heads, including ITC chairman YC Deveshwar, Godrej Group chairman Adi Godrej and Pepsico India chairman Sanjeev Chadha, the Bengal chief minister shed his aggressive stance on industry, visible in the run-up to Singur, and said corporates...

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Much more than Commonwealth Games needed for lasting national prestige by Nandini Oomman

“India is Shining” in many ways, but the major hiccups in the run up to the Commonwealth Games (CWG), which opened on October 3 in New Delhi, highlight India's serious problems. Despite the colourful display of India's arts and culture at the grand opening ceremony, the frantic last minute interventions —including enlisting the Army (who did a remarkable job) to help with the final preparations — reveal the gross inefficiencies...

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