China’s economy is besieged with several problems currently, which have had adverse repercussions for the global growth too. The rebalancing towards domestic consumption from an export and investment-led growth path has not been as successful as was planned. Elsewhere, in the last few months, Central Banks of three emerging economies viz. Indonesia, Turkey and Brazil have gone against the tide in raising interest rates to support their currencies and curb inflationary pressures. We discuss this in detail in the section on Global Trends in this month’s issue of Economy Matters.
In the section on Domestic Trends, we discuss the progress of the monsoons so far, given its importance in shaping the domestic growth outlook. Additionally, the fiscal situation in the first-half of the current fiscal is also scrutinized.
In Corporate Performance, we examine the financial performance of firms in the first quarter of the current year, in order to decipher the evolving trends.
The Sectoral spotlight for this issue is on Textiles, one of the leading sectors of the Indian economy. It contributes significantly to the industrial output, employment generation and foreign exchange earnings in India. However, currently, the sector is facing challenges due to various issues related to FTAs, technology, labour and power that are crucial for its growth. We discuss the sector’s challenges and suggest measures to bolster its output.
In the Special Article, we discuss the benefits and concerns emanating from the promulgation of an ordinance on National Food Security by the government. The ordinance provides a legal entitlement to persons belonging to specified households to receive specific quantities of food grains at subsidised prices from the state. If implemented properly, the ordinance will address the concerns on hunger and malnutrition. However, there are some serious challenges to its implementation. Some of the challenges are in terms of distribution and logistics, rising food subsidy outgo, and increasing food inflation. How well the government is able to address these challenges will be critical in scripting the success of the National Food Security Ordinance.
Mr. P Soma Raju, Deputy Labour Commissioner, Government of Andhra Pradesh spoke at the Panel discussion on "Promoting Healthy Employee Relations - The Road Ahead" at the Conference on Employee Relations held on 02 November 2012 at Hyderabad.
One of the biggest challenges for the resurgent Indian economy is the exponentially growing demand for energy. With the country's oil import bill for last financial year touching a staggering $150 billion and per capita consumption of electricity languishing at a paltry 917.2kWh, as against 3298 kWh in China and 12346 kWh in the US, energy is clearly a critical focus area for the new NDA Government.
The Government has decided to tackle this challenge proactively by focusing on the three As – access, availability and affordability – as the primary drivers to reach the goal of sustainable energy for all. Landmark reforms are being planned for energy sector policies, and some, such as the new bill for the coal sector, has improved upon a 40-year legacy with one bold stroke. The Government has also set very ambitious targets for the renewable energy sector, with 100GW of solar energy installed capacity envisioned by 2020, entailing investments to the tune of USD 100bn.
Given the significant developments underway in this sector, the November issue of Policy Watch reached out to industry leaders across the power, hydrocarbons and renewable energy sectors, to capture their views on the policy reforms being proposed by the Government, and their recommendations to ensure a sustainable and energy-secure future for the country
Presentation on Gen Y: Like? Unlike? by Mr Shreeraj H, HR Manager, 3M India at the Session 4 of the the CII Karnataka Annual HR Conference “HR in a Transitioning World” held on 6 December 2012 at Bangalore
- Heavy rains and cloudbursts from June 14-17, 2013 caused widespread natural disasters in the hills of Uttarakhand, impacting five districts. Over 1 lakh people were rescued but 580 were declared dead and 5748 remain missing.
- The disaster destroyed infrastructure and livelihoods just as the important Char Dham pilgrimage was taking place, impacting both locals and pilgrims. Rebuilding the affected areas will be a massive long-term effort.
- CII is carrying out relief and rehabilitation efforts, including organizing relief camps, distributing supplies, repairing roads, and exploring rehabilitation projects like housing, schools and livelihood opportunities.
China’s economy is besieged with several problems currently, which have had adverse repercussions for the global growth too. The rebalancing towards domestic consumption from an export and investment-led growth path has not been as successful as was planned. Elsewhere, in the last few months, Central Banks of three emerging economies viz. Indonesia, Turkey and Brazil have gone against the tide in raising interest rates to support their currencies and curb inflationary pressures. We discuss this in detail in the section on Global Trends in this month’s issue of Economy Matters.
In the section on Domestic Trends, we discuss the progress of the monsoons so far, given its importance in shaping the domestic growth outlook. Additionally, the fiscal situation in the first-half of the current fiscal is also scrutinized.
In Corporate Performance, we examine the financial performance of firms in the first quarter of the current year, in order to decipher the evolving trends.
The Sectoral spotlight for this issue is on Textiles, one of the leading sectors of the Indian economy. It contributes significantly to the industrial output, employment generation and foreign exchange earnings in India. However, currently, the sector is facing challenges due to various issues related to FTAs, technology, labour and power that are crucial for its growth. We discuss the sector’s challenges and suggest measures to bolster its output.
In the Special Article, we discuss the benefits and concerns emanating from the promulgation of an ordinance on National Food Security by the government. The ordinance provides a legal entitlement to persons belonging to specified households to receive specific quantities of food grains at subsidised prices from the state. If implemented properly, the ordinance will address the concerns on hunger and malnutrition. However, there are some serious challenges to its implementation. Some of the challenges are in terms of distribution and logistics, rising food subsidy outgo, and increasing food inflation. How well the government is able to address these challenges will be critical in scripting the success of the National Food Security Ordinance.
Mr. P Soma Raju, Deputy Labour Commissioner, Government of Andhra Pradesh spoke at the Panel discussion on "Promoting Healthy Employee Relations - The Road Ahead" at the Conference on Employee Relations held on 02 November 2012 at Hyderabad.
One of the biggest challenges for the resurgent Indian economy is the exponentially growing demand for energy. With the country's oil import bill for last financial year touching a staggering $150 billion and per capita consumption of electricity languishing at a paltry 917.2kWh, as against 3298 kWh in China and 12346 kWh in the US, energy is clearly a critical focus area for the new NDA Government.
The Government has decided to tackle this challenge proactively by focusing on the three As – access, availability and affordability – as the primary drivers to reach the goal of sustainable energy for all. Landmark reforms are being planned for energy sector policies, and some, such as the new bill for the coal sector, has improved upon a 40-year legacy with one bold stroke. The Government has also set very ambitious targets for the renewable energy sector, with 100GW of solar energy installed capacity envisioned by 2020, entailing investments to the tune of USD 100bn.
Given the significant developments underway in this sector, the November issue of Policy Watch reached out to industry leaders across the power, hydrocarbons and renewable energy sectors, to capture their views on the policy reforms being proposed by the Government, and their recommendations to ensure a sustainable and energy-secure future for the country
Presentation on Gen Y: Like? Unlike? by Mr Shreeraj H, HR Manager, 3M India at the Session 4 of the the CII Karnataka Annual HR Conference “HR in a Transitioning World” held on 6 December 2012 at Bangalore
- Heavy rains and cloudbursts from June 14-17, 2013 caused widespread natural disasters in the hills of Uttarakhand, impacting five districts. Over 1 lakh people were rescued but 580 were declared dead and 5748 remain missing.
- The disaster destroyed infrastructure and livelihoods just as the important Char Dham pilgrimage was taking place, impacting both locals and pilgrims. Rebuilding the affected areas will be a massive long-term effort.
- CII is carrying out relief and rehabilitation efforts, including organizing relief camps, distributing supplies, repairing roads, and exploring rehabilitation projects like housing, schools and livelihood opportunities.
1r Biotecnologia
Núria Liñan, Macià Pallarès, Alejandro Fontal, Marta Pellicer, Alba Blanco, Ramon Vidal, Inma Pérez, Marta Fuente, Francesc Marginet,Roger Riera, Gerard Giménez, Elisabet Termes i Marc Armengol
0903 Resum del Miquel sobre les Jornades Internacionals sobre Organismes Modi...Xavier de Pedro
6 i 7 de Març de 2009. Resum de les Jornades Internacionals sobre Organismes Modificats Genèticament. A la residència d'Investigadors del CSIC, a Barcelona.
Ponents:
Dr. Marcello Buiatti, Catedràtic de Genètica de la Universitat de Florència (Itàlia), “a
quí beneficien els ogm?”
Dr. Brian John, Doctor en Geografia, "GM Free Cymru" (Escòcia lliure de transgènics).
Dr. Armin Spök, Doctor en Genètica Molecular. Professor a les universitats de Graz i Klagenfurt (Àustria). Membre dels grups d'experts de l'Autoritat Europea de Seguretat Alimentària (EFSA) i de l'OCDE ., “què ha fet Àustria en aquest tema”.
Dr. Henk Hobbelink, Grain,”OMG,
crisi alimentària i canvi climàtic”.
Fabio Boscareli, Toscana lliure de transgènics, “les regions lliures i un cas concret”.
Dr. Giles-Eric Séralini, Catedràtic de Biologia Molecular de la Universitat de Caen
(França), President del Consell Científic de CRIIGEN, “els OGM i la salud”.
Dra. Ricarda A. Steinbrecher, “els impactes dels OGM a l'agriculttura i al medi ambient”
Taula rodona.
1r Biotecnologia
Núria Liñan, Macià Pallarès, Alejandro Fontal, Marta Pellicer, Alba Blanco, Ramon Vidal, Inma Pérez, Marta Fuente, Francesc Marginet,Roger Riera, Gerard Giménez, Elisabet Termes i Marc Armengol
0903 Resum del Miquel sobre les Jornades Internacionals sobre Organismes Modi...Xavier de Pedro
6 i 7 de Març de 2009. Resum de les Jornades Internacionals sobre Organismes Modificats Genèticament. A la residència d'Investigadors del CSIC, a Barcelona.
Ponents:
Dr. Marcello Buiatti, Catedràtic de Genètica de la Universitat de Florència (Itàlia), “a
quí beneficien els ogm?”
Dr. Brian John, Doctor en Geografia, "GM Free Cymru" (Escòcia lliure de transgènics).
Dr. Armin Spök, Doctor en Genètica Molecular. Professor a les universitats de Graz i Klagenfurt (Àustria). Membre dels grups d'experts de l'Autoritat Europea de Seguretat Alimentària (EFSA) i de l'OCDE ., “què ha fet Àustria en aquest tema”.
Dr. Henk Hobbelink, Grain,”OMG,
crisi alimentària i canvi climàtic”.
Fabio Boscareli, Toscana lliure de transgènics, “les regions lliures i un cas concret”.
Dr. Giles-Eric Séralini, Catedràtic de Biologia Molecular de la Universitat de Caen
(França), President del Consell Científic de CRIIGEN, “els OGM i la salud”.
Dra. Ricarda A. Steinbrecher, “els impactes dels OGM a l'agriculttura i al medi ambient”
Taula rodona.