-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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Adding another national regulator will not help environment -Chandra Bhushan
-Down to Earth India needs second-generation reforms in environmental governance to protect environment and community rights and reduce transaction costs for industry After more than two years of flip-flops by the Union Ministry of Environment and Forests (MoEF), the Supreme Court (SC) gave a deadline of April 30, this year to the ministry to start the process of setting up a national environmental regulator under the Environment (Protection) Act, 1986, with offices...
More »Forced labour 'making $150bn profit' - ILO report
-BBC Forced labour generates illegal profits of at least $150bn (£90bn; 110bn euros) a year, a study by the International Labour Organization (ILO) says. The profits are far higher than previous estimates and the ILO wants governments to tackle the problem. Some 21 million people worldwide are in forced labour, it says, with migrant workers most vulnerable. Over half of all forced labourers work in Asia, with 18% in Africa and almost 10% in...
More »Poor public services, India's Achilles heel-Ajay Chhibber
-The Business Standard A seven-point agenda to fix India's public services, and overcome poorly designed systems India's Achilles Heel remains its inability to deliver public services. India's aspiration to be a global economic power will be unrealised if this remains unsolved. Why is this problem so particularly acute? Is it political interference and corruption, poorly designed programmes and weak administration? Or a much deeper cultural problem of aversion to collective action, often...
More »SC orders closure of 50% of iron and manganese mines in Odisha
-The Times of India NEW DELHI: Dealing a huge blow to the steel industry, the Supreme Court on Friday ordered closure of 26 iron ore and manganese mines in Odisha to protect the environment. These mines account for nearly 25% of the national production of the two minerals vital for the sector. The green bench comprising Justices A K Patnaik, S S Nijjar and F M I Kalifulla said of the...
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