It is apparent to everyone that the Copenhagen Accord is a travesty of what the world needs to avert climate change. Instead of an ambitious, effective, equitable and binding treaty with stringent emissions-cut targets for developed nations, we have a hollow Accord without legal status. The North has  offered a 16 per cent emissions-cut when 40-45 per cent is needed. Years of talks have been set at nought by a...

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...

Poverty is a multi-dimensional concept. Official statistics in India have always referred, arguably narrowly, to only income poverty (using the proxy measure of consumption expenditure from the NSSO surveys).The Suresh Tendulkar Committee report submitted to the Planning Commission is the latest input to the “Great Indian Poverty Debate”. While the increase in the number of poor households, as suggested by the Tendulkar Committee, may indeed help expand the coverage of...

Highlights of the skill development programme * All rural youths in BPL category eligible * Govt. assures placement for at least 75 percent trainees * Youths to get training on technical and soft skills * MoUs with industrial houses to ensure placements * 75 percent expense to be borne by Centre, rest by state governments The Centre is firming up a skill development scheme for poor rural youth who will be given technical training by the...

“Much more needs to be done to improve the living standards of the poor”  The decline in poverty has not been as fast as one would have wished and it remains a major challenge before the country because the poor are still too poor, Prime Minister Manmohan Singh said on Sunday. Inaugurating the 92nd conference of the Indian Economic Association (IEA) at KIIT University here, Dr. Singh said much more...