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As losses mount, Areva goes in for huge job cuts by Vaiju Naravane

French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...

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Lopsided growth by Venkitesh Ramakrishnan

U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...

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Similar problems, related maladies by KS Jacob

Health care in India, at its finest, matches the standards of international best practice. The knowledge, skill and confidence of its doctors and nurses, the sophistication of available technology, quality of service and five-star hospitality compete with the best in the world. Its relatively low cost has made it an important player in the health tourism sector. However, at the other extreme, publicly funded health care services often do not...

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‘Early schooling must be in mother-tongue' by Mohammed Iqbal

Eminent neurologist says kids should not be robbed of their right to grow in a natural way by “restricting [their] learning competence” with education in a foreign language like English An award-winning Jaipur-based neurologist has advocated imparting primary education to children in their mother-tongue, saying it would produce youngsters possessing “fundamentally strong personalities” bestowed with wisdom, motivation, better communication skills and creativity. In his new study, Dr. Ashok Panagariya – honoured with...

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NREGA Wage Payment to Be Videographed: Ramesh

-PTI In a bid to check corruption in payment of MGNREGA wages, the government plans to introduce videography during the process, Union Rural Development Minister Jairam Ramesh said here today. "Videography will be used in the presence of officials while giving wages to the MGNREGA beneficiaries from now to ensure proper and timely payment," Ramesh said. Recalling how corruption in the Social Audit of MGNREGA had claimed Niyamat Ansari, who exposed corruption by...

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