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New manufacturing policy targets 100 mn jobs in 10 years

-ENS Economic Bureau   The government today approved a national policy for manufacturing that aims to increase the sector’s share in the economy to 22 per cent from 16 per cent and create 100 million jobs over 10 years. The policy will ensure this by facilitating national manufacturing investment zones, which will offer faster clearances. “It hopes to... give comfort to investors through a single-window clearance mechanism,” Commerce and Industry Minister Anand Sharma...

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EU stamp for Darjeeling Tea by Vivek Chhetri

The European Commission has registered Darjeeling Tea as a Protected Geographic Indication (PGI) product — the first commodity from India to get such a tag. The status implies that the brew produced only in Darjeeling can be sold as Darjeeling Tea in the European Union countries. But a section of blenders, who at present pass off brew with a certain percentage of Darjeeling brew as Darjeeling Tea, have been given a...

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India cabinet approves manufacturing push by Jill McGivering

India's cabinet has approved a major new policy to develop national manufacturing. The policy aims to create a 100 million jobs in the next 10 years and allows for a series of special new zones to support manufacturing growth. At the moment, that sector only accounts for about 16% of the country's gross domestic product. That has barely changed in the last three decades and is seen as well below India's potential. It is...

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India leads in rotavirus infection deaths: Lancet by Aarti Dhar

Close to one lakh children below the age of five years died of diarrhoea attributable to rotavirus infection in 2008, accounting for 22 per cent of the total deaths reported globally, reports the latest edition of the Lancet Infection Diseases magazine. Diarrhoea related with the rotavirus infection resulted in 453,000 deaths worldwide in 2008 among children younger than five years—37 per cent of deaths attributable to diarrhoea with five countries accounting...

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UN human rights expert warns of pitfalls of contract farming

-The United Nations   The United Nations independent expert on the right to food cautioned today that smallholder farmers face the risk of exploitation under contract farming arrangements with processing or marketing companies, and recommended mechanisms that could ensure that such agreements are fairer. “Contract farming for its benefits, which I am not denying, nevertheless locks farmers into one segment of the food chain,” said Olivier De Schutter, the Special Rapporteur on the...

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