U.N. report says this will consolidate the region's economic recovery  Even in crisis, Asia-Pacific still the fastest-growing region Increased social spending directly supports income security for households A United Nations report has called upon governments in the Asia-Pacific region to increase social spending to consolidate the region's stronger than anticipated economic rebound and to spur over the long term a fairer, more balanced, and sustained economic recovery. The Economic and Social Survey of...

A UN expert body on Thursday said surge in food prices in India is a matter of concern, but retail price inflation will cool down to 7.5% this year from around 12% last year. The UN Economic Social Commission for Asia and Pacific (Escap) also projected the economy to grow by 8.3% in 2010-11, compared to estimated 7.2% last fiscal, fueled by the recovery in investment and private consumption. “In India, consumer...

Global biodiversity has been declining alarmingly despite a pledge by world leaders in 2002 to help curb the loss of earthly life forms, a new United Nations-supported study shows. “Our analysis shows that Governments have failed to deliver on the commitments they made in 2002: biodiversity is still being lost as fast as ever, and we have made little headway in reducing the pressures on species, habitats and ecosystems,” said...

With the mountains of hazardous waste from electronic products growing exponentially in developing countries, sometimes by as much as 500 per cent, the United Nations today called for new recycling technologies and regulations to safeguard both public health and the environment. So-called e-waste from products such as old computers, printers, mobile phones, pagers, digital photo and music devices, refrigerators, toys and televisions, are set to rise sharply in tandem with...

It's a myth that the global financial crisis left India virtually unscathed. In fact, India is the biggest victim of financial crisis-induced poverty, according to data obtained by TOI from the United Nations Department of Economic and Social Affairs' (UNDESA). Check out these figures. The UNDESA data estimates that the number of India's poor was 33.6 million higher in 2009 than would have been the case if the growth rates...