-The Hindu The United Nations Conference on Sustainable Development (Rio+20) is set to take place on June 20 at Rio de Janeiro, 20 years after the 1992 Earth Summit on Environment & Development. World leaders, experts, and U.N. agencies are expected to take stock and reaffirm global commitment to sustainable development. The summit is taking place against the backdrop of threats of catastrophic climate change, unprecedented environmental degradation and widespread market...

India is setting up a Rs.5,000 crore credit guarantee fund to facilitate easy education loans to needy students by providing protection against defaults to banks. The move was endorsed at a meeting of the Central Advisory Board on Education (CABE), the highest education advisory body to the government that comprises academicians, industry experts and state education ministers, human resource development (HRD) minister Kapil Sibal told reporters Wednesday. “CABE members endorsed the initiative to...

The Conflict of Interest Bill introduced in the Rajya Sabha is a welcome step to control the grey areas in which “public private partnerships” are conducted. AMONG the many things that have proliferated in the economic boom of the brash new India is conflict of interest. So widespread, comprehensive and many-tentacled has this feature become that it is often no longer even recognised to exist, much less to be a...

The World of Work 2012 report presents a bleak picture of the global job situation. FOUR years after the global crisis erupted in 2008, organisations such as the International Labour Organisation (ILO) believe that labour markets still have not fully recovered. The world economy is not expected to grow at a sufficient pace over the next couple of years to overcome the crisis. These organisations present some depressing facts: those...

Delhi high court to hear central bank challenge to CIC order seeking information on defaults by top industrialists The Reserve Bank of India (RBI) has challenged an order by the Central Information Commission (CIC) asking the central bank to disclose names of the top 100 industrialists who have defaulted on loan repayments. In a writ petition to the Delhi high court, which is scheduled to be heard on 29 May, the central...