Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as joblessness is still climbing in many of the world's largest economies. Unemployment data typically lags other indicators of economic health as companies hold off adding staff in the early stages of a rebound. The upturns recorded recently in...
More »SEARCH RESULT
Global Report warns of impending violence and chaos
A UN Habitat publication warns that inequalities and worsening informal settlements (read slums) could lead to widespread violence and chaos in the cities and towns of the world. The newly-released report titled “Planning Sustainable Cities: Global Report on Human Settlements 2009” says that with almost 200,000 new dwellers flooding into the world cities and towns each day, there is an urgent need to check the mushrooming of such settlements. The...
More »Rebound in India Leaves Some to Struggle by Heather Timmons
When the Indian government met the largest economic crisis the world has faced in nearly 80 years with tax cuts, aid for rural Workers and interest rate cuts, critics said it was not enough. Now, though, it looks as if the policy makers may have offered too much. India’s $1 trillion economy, largely insulated from the global crisis by low reliance on exports and a heavily regulated banking system, has exceeded expectations...
More »Centre issues directive on NREGS in naxal belt by K Balchand
Anxious to spur up the rural economy in the naxal-affected districts of the country, the Centre has underlined the imperativeness to implement the National Rural Employment Guarantee Scheme (NREGS) in a more meaningful manner. Rural Development Department secretary Rita Sharma took up the matter with the Chief Secretaries of 15 States to impress upon them the need to ensure that the rural household received their due entitlements in accordance with...
More »Migration: supportive policies needed by Vidya Subrahmaniam
The United Nations Development Programme-sponsored 2009 Human Development Report on migration, “Overcoming Barriers: Human mobility and Development” has been widely acknowledged as a path-breaking study on human movement. Shattering the many myths around migration, the report concludes that most migration is in fact beneficial, and calls for supporting policies to ease barriers to free movement. Senior Assistant Country Director, UNDP, K. Seeta Prabhu. discusses the report with The Hindu For...
More »