Seven rounds of trade talks between the EU and India have been concluded without any negotiating texts or positions of either party being made public. The widespread optimism about the possible signing of the India-European Union (EU) Free Trade Agreement (FTA) sometime in 2010 fails to take into account the many thorny issues that remain to be resolved. Not the least of them are the tariff negotiations on goods and...
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The zero tolerance imperative by Arvind Singhal
Four disturbing trends that need tackling are food adulteration, drug counterfeiting, environmental degradation and corruption The strong and sustained growth of the Indian economy over the last 17-18 years has delivered many very creditable outcomes for its people at large. While a lot more needs to be done on a sustained basis for many more decades if the growth has to be truly inclusive for all Indians, this should not...
More »Rapid Urbanization Pushing Local Government Budgets to the Limit in India
Rapid urbanization is placing significant stress on the budgets of India's local governments and more must be done to improve their financial status to enable them to fund infrastructure projects and delivery of essential services. To address the issue, the Asian Development Bank (ADB) has agreed to a request from the Government of India to support a study to assess the state of India's local government finances and identify key...
More »Agriculture and Food Security Initiative Gains Momentum at G20, World Bank-IMF Meetings
Some 800 million people in the world were malnourished even before the food and economic crises hit. Now a push to confront this longer-term problem is picking up steam. Leaders at recent global gatherings agreed to back a multibillion dollar initiative to boost agriculture and food security in low-income countries. Discussions on the overall design and level of funding are continuing. In September, the G20 asked the World Bank to...
More »Look East policy comes of age by Sanjaya Baru
The Indo-Asean FTA provides an opportunity to be more engaged with the region This is an important week for Prime Minister Manmohan Singh. Over the weekend, at the Fourth East Asia Summit in Thailand, he will witness the final fruition of the second most important foreign policy initiative he took during his first term in office — the India-Asean Free Trade Agreement. This should ensure he will be in better...
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