India Archives - Page 14 of 25

Resolving India’s Entrepreneurial Paradox: Key To Starting Up The Economy?

Despite its sizeable youth population, some fear that India’s much touted demographic dividend is on the verge of going horribly wrong – that the economy may not produce enough jobs to absorb the fast-growing labour force, leaving millions of young people feeling bitter and betrayed. To make matters worse, a recent Gallup study found that Indians are simultaneously the LEAST and MOST entrepreneurial people in Asia – with many Indian youths possessing strong entrepreneurial traits, though few actually wanted to start their own businesses.

India To Launch World’s Largest Cash-For-Poor Scheme

India’s ruling Congress party on Tuesday announced plans to begin transferring cash directly to its poorest citizens starting from January next year, reported the Wall Street Journal, in lieu of current subsidies for food, fuel and fertilisers, which the government believes have failed to reach its intended recipients due to widespread corruption.

Can Women Take The Lead In Disaster Risk Reduction? – An Indian Perspective

READER SUBMISSION – Natural disasters devastate the lives and livelihoods of millions of people and cause substantial loss to the economy. A proper disaster risk management framework would enable the affected population, especially women, in taking immediate and correct steps in emergency situations.

India’s Capital To Reintroduce Ban On Plastic Bags Despite Industry Protests

Shop owners and residents in India’s capital of New Delhi will no longer be allowed to manufacture, import, store, sell or transport any kind of plastic bag starting from November 22 this year, reported The Asian Age on Wednesday, following the introduction of a ‘blanket ban’ on plastic by state government authorities in order to reduce the capital’s annual plastic waste.

India Face “One-in-Three” Risk Of Downgrade To Junk Status: S&P

Global rating agency Standard & Poor’s warned on Wednesday that India still faced a “one-in-three” chance of a credit rating downgrade within the next two years, despite last month’s blitz of new economic reforms to boost the sharply-flagging economy.

India’s GDP Growth to Weaken to Slowest Pace in Decade: IMF

The International Monetary Fund has lowered India’s growth forecast to 4.9 percent this year, its lowest pace in a decade, amid weak investment growth and a worsening global economic outlook.

One of the first major institutions to peg India’s growth below 5 percent, the International Monetary Fund said in its World Economic Outlook report today that “the outlook for India is unusually uncertain”.

India To Spend $18 Billion On Preventing Another Massive Blackout

The Power Grid Corp. of India, the largest state-owned electric utilities company in the country, is set to spend more than 1 trillion rupees ($18 billion) to upgrade its electricity networks, reported Bloomberg News on Monday, in order to avoid a repeat of the July 30-31 blackouts, which left more half of the nation’s 1.2 billion population without power.

India Cuts Fuel Subsidies To Save Budget

Diesel prices in India rose for the first time in nearly 15 months on Thursday, after the government decided to cut its subsidies for fuel, in a politically risky move that could save at least $3.7 billion for the nation’s state-run refiners.

Low-Cost Innovation: Waves Of Change From India?

READER SUBMISSION – Nearly two years after the Indian government declared that this was the Indian “Decade of Innovation,” the country is now emerging as one of the world’s hotbeds for low-cost and frugal ideas. Can India continue on its vision of innovation; and what can the rest of the world learn from this era?

What does it mean for Indians today to live in our so-called “Decade of Innovation”?

India To Remove Restrictions On Investments In Pakistan

After decades of cross-border animosity, India’s Finance Ministry finally announced on Thursday that it would soon allow its companies and entrepreneurs to invest in neighbouring Pakistan, reported the Times of India, with the commerce secretaries of both nations also set for talks to improve trade by September.