India has the most inefficient bureaucracy in ASIa and red-tape is much worse than in China, says a survey. In the ranking of 12 countries, India has been named as having the most inefficient bureaucracy followed by Indonesia and the Philippines, according to the survey of expatriate business executives conducted by the Hong Kong-based Political and Economic Risk Consultancy (PERC). Quoting the consultancy, news agency AFP has reported that bureaucratic red-tape is...

Work on a new base year will start the moment the government starts releASIng key economic data such as the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP) with 2004-05 as the reference point within a few months. The National Statistical Commission (NSC), under C. Rangarajan, has recommended that the base year be updated every five years. Officials in the ministry of statistics and programme implementation (Mospi) say...

India has opposed suggestions that countries that have cap-and-trade schemes to control carbon emissions—mostly developed countries—impose a carbon tax on imports from nations that don’t have such measures in place, made at the ongoing global climate talks in Bonn. “The matter of any unilateral trade measure on imports in the name of climate action raises some concerns regarding the success of our discussions,” Vijay Sharma, secretary, ministry of environment and forests,...

The right to food has gained significant recognition in Africa, ASIa, Latin America and South ASIa, but more national institutional reforms are needed to ensure that the fight against hunger is rooted in legal mechanisms, a United Nations expert has said. “Boosting food production should not be confused with realizing the human right to food,” said Olivier De Schutter, the UN Special Rapporteur on the right to food. “If the international...

Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...