-The World Bank Policy Interventions Can Turn the Tide, Says World Bank Report WASHINGTON: A new World Bank report warns that risky behaviors -smoking, using illicit drugs, alcohol abuse, unhealthy diets, and unsafe sex- are increasing globally and pose a growing threat to the health of individuals, particularly in developing countries. The report looks at how individual choices that lead to these behaviors are formed and reviews the effectiveness of interventions...
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Health and education must be country’s central agenda -Sitaram Yechury
-The Hindustan Times The current electoral discourse shows an amazing disconnect with the actual reality of the deteriorating livelihood conditions of our people. The other day, the BJP PM aspirant thundered in Bangalore that the BJP seeks to create confidence and not fear among the people. The 2002 Gujarat communal pogrom makes this sound incredulous. There is nothing in the BJP's campaign pitch that offers any solution or a methodology for...
More »Rs 1 lakh crore bad loans of corporates written off: RBI-Mayur Shetty
-The Times of India MUMBAI: Data collected by Reserve Bank of India over a period of one year blows the lid off what goes as loan classification in banks. In a presentation at the annual bankers' conference, RBI deputy governor K C Chakrabarty showed how banks have sacrificed over Rs 1 lakh crore by writing off bad loans to corporates, which is much higher than Union finance minister P Chidambaram's farm...
More »A lesson cooks in potato pot-Devadeep Purohit and Kinsuk Basu
-The Telegraph Kolkata: The Mamata Banerjee government should have calculated the costs of possible retaliation by other states before banning potato export from Bengal, agriculture experts have said. For now, no state has threatened a payback for the ban, clamped despite pleas from the chief ministers of Odisha and Assam after a shortage pushed up potato prices in Bengal. As the Bengal administration grapples with the problem, importers of essential foodstuff have sounded...
More »Catch-up in industrialisation-Deepak Nayyar
-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
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