Browsing Tag: Economy

ON A salt plain near the border with Pakistan lies half a billion dollars’ worth of solar-energy kit paid for by firms from all over the world. A million panels stretch as far as the eye can see.

Punjab remains one of India’s better-off states, but it has slipped dramatically in the states’ league table of income and development. How can we understand the state’s recent trajectory and find clues to its possible future?

India's economy now stands in disarray, with the prospect of worse to come in the next few months.

Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

And every morning, Guru Amar Das started back at zero.

In the present climate where the financial sector across the globe increasingly finds itself under scrutiny, it is useful to explore what the Sikh perspective might be on ethical financial behaviour.

“We find that most policies affecting indigenous peoples are designed without our participation,” Ojo says. “If this trend continues, it will lead to a vicious cycle of poverty and violence.” If this is how the new green economy is playing out on the ground, it is no wonder that it has sparked resistance.

Through World Environment Day, the UN Environment Programme is able to personalize environmental issues and enable everyone to realize not only their responsibility, but also their power to become agents for change in support of sustainable and equitable development.

A major energy company honcho says emphatically that Montek must be disheartened, collecting the medals of his imminent defeats. “There is too much politics that fuels government decisions, too much voter-appeasement an economist like him must hate,” he says.

It is now Montek Singh’s eighth year as head of the planning commission and it is a measure of both the calibre of the man and the power that flows from his friendship with the PM that he has turned what was once a low-voltage job into one of the most powerful and contentious positions in the country.

A Chief Minister of Punjab for more than eight consecutive years, Partap Singh Kairon turned Punjab into an economic powerhouse. A no-nonsense administrator, he did not let procedures come in the way. The death anniversary of this builder of modern Punjab falls today (February 6.)

On his barefoot trudge to school decades ago, a young Ashok Khade passed inescapable reminders of what he was: the well from which he was not allowed to drink; the temple where he was not permitted to worship. At school, he took his place on the floor in a part of the classroom built a step lower than the rest.

So India entered a bright world of market-driven capitalism after years of socialist darkness, and was set on its current path of almost 8 percent annual growth in gross domestic product. Or so the story goes.

Make no mistake, India's future will not be brighter for having sunk to 914 girls per 1,000 boys. The daughter deficit will create a society that is much less stable and much more volatile than it would be with a more balanced ratio. The sustainability of peace and stability -- for India and the region -- will be progressively undermined in lockstep with the devaluation of India's daughters.

“India is witnessing phenomenal economic growth, but for the overall development of the country, efforts also should be made to improve the human development index,’’ said deputy chairman of the planning commission, Montek Singh Ahluwalia.

In return, New Delhi wants better access to Russia's oil and gas industry, and support for its bid for a permanent seat on the U.N. Security Council. The latter effort could take years and faces uncertain prospects, but India's pursuit of permanent membership underscores its global ambitions.

China's and India's economies remain very interesting, but India's economy may have more long-term potential...

Ivey Intouch magazine interviews entrepreneur Ashvinder Singh in Singapore

Writer Danik Bhaskar reports from London, where he is currently travelling

Joginder Jaswant Singh governor and former Chief of Army Staff Punjab visited National Gurdwara to encourage economic relations between US and India.