-Reuters India's growth story is still "credible" and the move to open up the economy to global supermarket chains will help growth and control inflation, RBI governor Duvvuri Subbarao said on Friday. "It's commendable that government has taken the initiative. Let's hope that it will improve the logistics chain and supply chain management in agriculture," Subbarao said in a speech in Chandigarh. Late Thursday, the government approved 51 percent foreign direct investment in...
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Why India needs democracy by Markandey Katju
What is our national aim? To my mind, our national aim must be to make India a highly prosperous country for its citizens, and for that it is necessary to have a high degree of industrialization. Even setting up and running a single primary school requires a lot of money, e.g. for buying land, erecting the school building and providing for the recurrent expenditure for salaries of teachers, staff, etc. We...
More »In climate talks West would redefine rich and poor
-AP As delegates gather in South Africa to plot the next big push against climate change, Western governments are saying it’s time to move beyond traditional distinctions between industrial and developing countries and get China and other growing economies to accept legally binding curbs on greenhouse gases. It will be a central theme for the 20,000 national officials, lobbyists, scientists and advocates gathering under U.N. auspices in the coastal city of Durban...
More »Bio-fortified crops hold the key to food security, says expert
-The Hindu ‘It has become imperative in view of climate change' Bio-fortified varieties of staple food grains, such as Vitamin-A-enriched ‘Golden Rice', or iron-enriched wheat, could improve the nutritional status of the world's poor, P. Pushpangadan, Director General, Amity Institute for Herbal and Biotech Products Development, said here on Thursday. Presenting a paper on the “Recent advances of agricultural biotechnology in the light of climate change” at the 81st annual session of the...
More »Investment in children is paying off, but it must reach most vulnerable-UN report
-The United Nations Children’s well-being has improved dramatically thanks to increased global political will and efficient supportive programmes and policies, according to a report released today by the United Nations Children’s Fund (UNICEF) and Save the Children UK, but it also warns that benefits need to reach the most disadvantaged children for gains to be sustainable. “We have seen remarkable results largely because of strong political will by countries, matched by the...
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