-The Hindu BJP Chief Minister Raman Singh is the face of the reformed public distribution system in Chhattisgarh and indeed, he is still banking on it for a third consecutive term despite the anti-incumbency factor against several MLAs and a few ministers in his council. In his recent vikas yatra, he showcased development and focussed on the path-breaking Public Distribution System (PDS) reforms that were dovetailed into the Chhattisgarh Food Security Act...
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Rich countries have paltry climate targets: UN analysis-Nitin Sethi
-The Hindu The developed countries have committed to cut their greenhouse gas emission levels by a paltry 3% between 201 and 2020, shows new data analysis by the UN Framework Convention on Climate Change (UNFCCC). This is less than a third of the emission reduction the rich countries have achieved between 1990 and 2011. The UNFCCC secretariat carried out a technical review of the commitments rich countries have made so far to...
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...
More »Nomura says slowing rural wages should bring inflation down
-PTI MUMBAI: Japanese brokerage Nomura today said with real rural wages moderating, both rural demand and inflationary pressures will moderate in the medium-term, giving the much-needed room to the Reserve Bank to lower interest rates. "Though rural wages continue to rise, the pace of growth is moderating. Growth in the average daily wage rate for agricultural labourers dipped to 13.1 per cent in August year- on-year, which is significantly slower than 18.5...
More »India closes borders against poliovirus -Sanchita Sharma
-The Hindustan Times Now that India's "polio-free" status is less than three months away -- the nation's last polio case of a two-year-old girl in the Panchla block of Howrah, West Bengal, was reported on January 13, 2011 -- the Centre is going the extra mile to stop re-infection. This year, 296 polio cases were reported till October 16. In 2012, there were 171 in the same period and 223 till December...
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