The country’s attention may be focused on an ever-increasing energy needs, but water is a much bigger issue, says a key policymaker in the government. “Water crisis is a more serious issue than energy crisis,” said Montek Singh Ahluwalia , deputy chairman of Planning commission, at the World Economic Forum on Sunday. Speaking at a session on ‘How will India avert a Water Crisis?’ Mr Ahluwalia said that that the government...
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India's unemployment rate at 9.4 pct in 2009-10: Govt survey by Siddharthan Meganathan
The unemployment rate in India is estimated at 9.4 percent or 94 persons out of 1000 persons in the labour force for the fixed reference period of financial year 2009-10, according to employment-unemployment survey by the Labour Bureau under the Labour and Employment Ministry. In absolute terms about 40 million persons are found unemployed based on the survey results at overall level of the State/UT’s surveyed. The unemployment rates are estimated at...
More »ICAR to brand agri products by Sharath S Srivatsa
All horticultural crops will be branded under common logo Agri and horticultural planting material that have been developed by the associate institutes of the Indian Council of Agricultural Research (ICAR) will be branded and will come with a logo soon. If all goes as planned, all horticultural crops will be initially branded under a logo, which has been acquired by Indian Institute of Horticulture Research (IIHR), Bangalore. The Bangalore-based institute, which is...
More »India launches UN-backed action plan to slash transport emissions
India, the world’s fourth largest greenhouse gas emitter, has launched a new United Nations-backed project to reduce emissions and develop a low-carbon transport system. The Indian government will work with the UN Environment Programme (UNEP) and the German non-governmental organization International Climate Initiative on a $2.5 million, three-year project to bring the country’s transport growth in line with its climate change agenda. Even though it has the world’s second largest population, India’s...
More »Five myths about microfinance by TT Ram Mohan
The microfinance bubble has burst. The AP government ordinance, the AP oppositionfs campaign asking borrowers not to repay and the sheer public hostility towards MFIs . all these have put the brakes on MFI activities for now. We need to rethink the role of MFIs in the rural economy . In order to do so, we must first grasp some of the myths on which the MFI sector has rested...
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