Wednesday, 31 October 2012

India slips to 40th slot in WEF's financial development index


India has slipped four places to 40th position, out of 62 leading financial systems and capital markets, because of poor enforcement of contracts and low levels of liberalisation, says a World Economic Forum report.

According to the fifth edition of the World Economic Forum's Financial Development Report 2012, India has been ranked 40th in the 2012 Index -- four-spot decline from last year (36 rank).

The report highlighted a poor record in enforcing contracts, low levels of liberalisation, inadequate IT and communications infrastructure and general high costs of doing business.

India has been ranked 9th out of the 15 Asia Pacific economies that were surveyed in the report.

India's comparative strength in the area of non-banking financial services was recognised in the report. It was ranked quite high in non-banking financial services (9th), but in terms of banking financial services it was placed in the 45th position.

The index was topped by Hong Kong for the second consecutive year, followed by the US, the UK, Singapore, Australia, Canada. There was no change in the ranking of the first six places this year as against last year.

The general stability of the Index is further highlighted by Singapore, Australia and Canada maintaining their positions at 4th, 5th and 6th place, respectively.

The Netherlands fell two spots from 7th to 9th because of weakness in equity market development and banking system efficiency, while, Sweden jumped into this year's top 10 because of an improvement in retail access to capital.     

India in top investment destination list

India has emerged as one of the top five investment destinations in the world, primarily on account of large market size and high customer potential, says a survey.
Notwithstanding bullish business prospects, the survey also said that India is perceived as a risky place to make investments.
The consulting firm BDO Global Market Opportunity Index 2012 covered more than 1,000 senior finance officers spread across 14 countries, including India, the US and the UK. The survey examines the views of the company's finance chiefs to expand in specific countries.
In terms of investment destinations, India continued to be at the fourth spot in the list topped by neighbouring China. Other nations in the top five are the US (second), Brazil (third) and Germany (fifth).
The survey attributed India's appeal as attractive investment destination to its large market size, customer potential and cheap labour.
About India, the survey said that the professional services and technology, media and telecoms (TMT) sectors are driving investment in the country.
Besides, planned investment in India is fairly consistent as 32 per cent of Cheif Financial Officers (CFO) surveyed in Saudi Arabia expect to enter this market.
Among others in the top 10 are Russia, the UK, Australia, United Arab Emirrates and Mexico.
"The 'big seven' (China, USA, Brazil, India, Germany, Russia and UK) lead the index as attractive investment markets, due to size and customer potential... (these nations) are the ones that CFOs feel most comfortable investing in," the survey noted.

Indian women beat Pakistan to lift Asia Cup


The Indian women’s cricket team lifted the inaugural Asian Cricket Council’s Twenty20 Asia Cup after beating arch-rivals Pakistan by 18 runs in a low-scoring final at
India’s decision to bat first seemed to have backfired when the team folded for 81 but the bowlers did a splendid job to dismiss Pakistan to 63 in 19.1 overs.

DMRC Bagged Japanese Award

The Delhi Metro Rail Corporation (DMRC) on 29 September 2012 awarded the Japan International Cooperation Agency (JICA) President Award for 2012 for its outstanding contribution to the development of human resources, society and economy of India and also for promoting mutual understanding between India and Japan.

The award was formally presented to DMRC Managing Director Mangu Singh at a function organised at Metro Bhawan in Delhi for Delhi Mass Rapid Transport System Project (I) – (VI)

Also, a commendation certificate along with a tribute to this effect duly signed by Japan International Cooperation Agency (JICA) President Akihiko Tanaka was presented to Mangu Singh who asserted that it will go a long way in strengthening bilateral ties between the two countries.

It is the ninth edition of the JICA awards which in the past has been given mostly to Japanese organisation such as research institutions, non-government organisations and medical organisations. JICA and DMRC have been associated since the beginning of the Delhi Metro construction in 1998 in the National Capital Region.

The award came to DMRC after competing with four other projects across the globe which was chosen by JICA.

Global Prosperity Index 2012

The Legatum Prosperity Index is an annual ranking developed by the Legatum Institute of 142 countries. The ranking is based according to a variety of factors including wealth, economic growth, personal well-being, and quality of life. It is an attempt to broaden measurement of a nation’s economic health beyond indicators such as gross domestic product.

The report shows that even amid the worst financial crisis since the Great Depression, global prosperity has increased across all regions in the past four years, although the sense of safety and security is decreasing amid tension in the Middle East and fear of crime in Latin America.

Norway and Denmark retained the pole positions they held last year in the overall prosperity measure, while Sweden leapfrogged Australia and New Zealand into third. Canada, Finland, the Netherlands, Switzerland and Ireland rounded out the top ten. The Central African Republic was ranked bottom.

In its sub-indexes, Legatum named Switzerland the strongest economy and home to the best system of governance. Denmark is the most entrepreneurial and New Zealand has the best education, while health is best in Luxembourg and Iceland is the safest. Canadians enjoy the most personal freedom and Norwegians have the greatest social capital.

Plagued by the euro-area debt crisis, 24 out of 33 European nations have witnessed a decline in their economic score since 2009, according to Legatum. On the prosperity scale, Greece recorded the biggest drop in 2012, falling 10 places since 2009 to 49th. Spain held on to 23rd place.
The U.K remained 13th, one place ahead of Germany, and Legatum predicted it will overtake the U.S. by 2014 as it scores well for entrepreneurship and governance. Nevertheless, the status of its economy remains a weakness as it slid five places to 26th on that score and job satisfaction is low.

In Asia, Hong Kong, Singapore and Taiwan all ranked in the top ten for their economies and the top 20 overall. So-called tiger cub economies Vietnam and Indonesia also rose. Indonesia experienced the largest gain in prosperity of any country since 2009, jumping 26 positions to 63rd.

Switzerland, Norway and Singapore topped the economy sub- index, which measures satisfaction with the economy and expectations for it, the efficiency of the financial sector and foundations for growth. In a gauge of entrepreneurship, Denmark ran ahead of Sweden and Finland for the strength of innovation and access to opportunity.

Switzerland also topped the rankings for best government. It was followed by New Zealand and Denmark in a measure determined by the effectiveness and accountability of lawmakers, the fairness of elections, the participation of people in the political process and rule of law. The highest marks for education went to New Zealand, Australia and Canada.

Luxembourg, the U.S. and Switzerland were graded the best for health treatments and infrastructure as well as preventative care and satisfaction with the service. Iceland, Norway and Finland topped the chart for safety and security; Chad, Congo and Afghanistan ranked the lowest on that index.

Canadians, New Zealanders and Australians enjoy the most freedom and social tolerance, Legatum said. Norway, Denmark and Australia had the highest scores for social capital as monitored by social cohesion and family and community networks.

India-US-Japan Trilateral meet


India, US and Japan together shared their strategic overview of Asia Pacific which included Washington's 'pivot-to-Asia' policy, Iran, China-Japan maritime dispute and the issue of South China Sea.

The talks were chaired by US Assistant Secretary of State for South and Central Asia Robert Blake, Indian Joint Secretary in charge of East Asia for the External Affairs Ministry Gautam Bambawale, and Japan's Deputy Vice Minister of Foreign Affairs Kenji Hiramatsu.

All the three nations have similar goals: 
All three have expanding economic relationships with China, as well as an interest in seeing a progressive growth in Asia's businesses and productivity. Their militaries have operated jointly in the March, 2011 Japanese tsunami relief efforts and they could build on that interaction to strengthen regional stability. Trilateral talks between India, Japan and the US could lead the way in Asia on expanding nuclear energy's safety and use, international cooperation to combat climate change and future economic cooperation.

During the meet, the US briefed about its much-talked about policy of 'pivot to Asia', an American move driven by the allure of emerging Asian economies, especially China and India. Another reason is the draw-down of US forces in both Iraq and Afghanistan, which enables the US military to concentrate more resources on Asia-Pacific. The US also talked about Iran's controversial nuclear programme.

Japan briefed about its maritime dispute with China. Discussion on increasing Chinese influence in South China Sea also figured during the trilateral.

The three sides decided to explore the possibility of developmental cooperation in Myanmar, Afghanistan and Africa.

The three sides also explored the possibilities of cooperation in various strategic areas, including piracy and safety of sea lanes in Asia Pacific amidst increasing Chinese assertiveness in the region.

Analysts believe that China's military modernization and the expanding activities of the People's Liberation Army Navy in recent years have caused the trio to take more precautions against Beijing.

Complete ban on child labour below 14 approved by Cabinet

Employing a child below 14 years in any kind of occupation will be completely banned and land you in jail with a maximum three years imprisonment or fine upto a maximum of Rs. 50,000 with the Union Cabinet approving the measure.
 

Making employment of children below the age of 14 a cognisable offence, the Cabinet at its meeting on Tuesday cleared a proposal to amend the Child Labour (Prohibition and Regulation) Act, 1986 to put a total ban on employment of children below 14 years in any industry--hazardous or non-hazardous.
The amendment cleared at the meeting presided by Prime Minister Manmohan Singh also approved a blanket ban on employing children below 18 years in hazardous industries like mining. At present children under the age of 14 years are prohibited from employment only in hazardous industry.

According to Census 2001, there were 12.6 million economically active children in the age-group of 5-14 years while the National Sample Survey data said the child workforce during 2004-05 was estimated at 9.07 million.

Labour and Employment Ministry officials said the amendments would ensure that all the children are compulsorily admitted in schools as per the mandate Right to Education Act, 2009 instead of being employed at workplaces.

It would also enable India to ratify ILO Convention 138 (minimum age for entry to employment) and Convention 182 (prohibition of employment of persons below 18 years in hazardous occupations).

The officials said maximum punishment for offences under the Act has been increased from one year imprisonment to two year imprisonment and from Rs 20,000 fine to Rs 50,000 fine or both.

For repeated offences, they added, the punishment has been raised to a three-year jail term.

Employment of persons below 18 years will be prohibited in hazardous occupations like in Mines, Explosives and hazardous occupations set forth in the Factories Act, 1948.

The overall responsibility for implementation of the act shall be vested with the district magistrate and the monitoring and inspection is to be done by the labour department in the state concerned.

Super 30 founder Anand Kumar is ‘People’s Hero’

Anand Kumar, founder of Super 30 institute, which provides free residential coaching to students from underprivileged families for IIT-JEE exams, has found a place in the People magazine as the ‘People’s Hero’. People magazine in its latest Indian edition issue carries a detailed feature on Mr. Anand, listing him as a “People’s Hero.” Time magazine had described Super 30 as the “best of Asia,” while Newsweek put it in the category of world’s four innovative schools.

Beasts of the Southern Wild - Oscar History?


Tim Masters - BBC News


Please be aware that the ticket prices for the film this Sunday are £7.20 (£5.10 concessions) in advance, and £7.90 (£5.80) on the door. Tickets for the sciSCREEN discussion are free, and can be reserved along with a ticket to the film from Chapter on 02920 304400.


Tuesday, 30 October 2012

Demolition of site for Meghalaya Assembly stayed

Shillong: Meghalaya's plan to construct its Assembly complex suffered yet another setback as the Shillong Bench of the Gauhati High Court has admitted a PIL and even stayed the demolition process of Taraghar, a 138-year-old house.

The High Powered Committee (HPC) of the state government had approved the site for constructing the new Assembly complex, a move which was opposed by an NGO, the Informed Conscious and Responsible Existence (ICARE).

The house originally belonged to Major F T Pollock who had dug the famous Ward's Lake in the city and which was subsequently used as the Chief Minister's bungalow.

The old and historical Assembly building at Khyndailad in the heart of the city was gutted in an inferno on January 9, 2001.

Issuing the stay order yesterday, Justice Vaiphei and Justice P K Saikia said, "In the meantime, no demolition of Tara Ghar will be done," and directed the state government to take steps for expansion of the city which is already overcrowded in another petition.

December 3 and December 12 have been fixed for the next hearings.

In the PIL, ICARE president Toki Blah demanded that the house should be declared as a 'heritage site' in compliance with the Meghalaya Heritage Act, 2012.

"The government's decision to demolish the bungalow is against the provisions of rules of executive business of the state government. The government has not consulted various concerned departments like Urban Affairs and Forest and Environment department before handing over the land to the Assembly Secretariat," Blah said in his PIL.

Land holding system affecting env laws in Meghalaya: Min

Implementing laws relating to protection of wildlife and conservation of environment in Meghalaya is "too difficult" due to the land holding systems of the Khasi, Jaintia and Garo tribals, state Forest Minister Prestone Tynsong said today.

"This (land tenure) is the greatest bottleneck when it comes to implementation of the various laws and acts passed by Parliament and the state Assembly," Tynsong said, addressing the valedictory function of Wildlife Week Celebrations organised by the Wildlife Wing of the Forests and Environment Department.

He said, "Many of the projects proposed by the government cannot take off due to the peculiar mindset of the people that government would take an upper hand over their land which is not true at all."

According to the minister, more than 100 traditional institutions in West Khasi Hills district had opposed the government's proposed Elephant Reserve stretching from Wahblei in West Khasi hills district to East and South Garo hills district.

Earlier, Principal Chief Conservator of Forests, V K Nautiyal in his welcome speech said the north east is considered as the one of the richest regions in term of wildlife.

Of the 1200 birds species in India, a total of 836 birds species are available in the north east, he said.

Pointing out that Meghalaya is one of the hotspots in the wildlife record, the senior forest officer said, "Due to the practice of jhum cultivation by the tribal population of the region, some of the wild plants such as pitcher plants (insect eating plant) and others are on the verge of extinction and endangered."

International Conference on Strengthening Green Federalism

The Vice President of India, Shri M. Hamid Ansari has said that culturally, legally, morally and existentially we need to move to a deeper understanding and recognition of the fact that human wellbeing and even economic growth are underpinned by a clean and healthy environment. Delivering inaugural address at the International Conference on ‘Strengthening Green Federalism: Sharing International practices’ organized by The Energy and Resources Research Institute in partnership with and supported by Ministry of Environment and Forests, the Inter-State Council Secretariat, Government of India; the World Bank and the Forum of Federations, Ottawa at New Delhi on October 29.

South Africa agrees to host planned development bank for BRICS

South Africa  indicted that it was ready to host a planned development bank for the BRICS grouping of five emerging economies, including India. Officials from Brazil, Russia, India, China and South Africa are working on feasibility studies for the creation of a BRICS bank expected to mobilise resources for infrastru ctural develop ment projects in developing nations.

India topples Thailand as world's largest rice exporter

 India has the emerged as the world's largest rice exporter in 2012 beating its Asian counterpart Thailand with shipment of 9.75 million tonnes, according to USDA's latest report. Thailand was the top rice exporter with exports of 10.65 million tonnes in 2011. However, its volume slipped to 6.5 million tonnes in 2012. "On the export side, India's exports were raised 1.75 million tonnes to a record 9.75 million tonnes based on a record pace of shipments to date and larger supplies. This makes India the largest rice exporter in 2012, a first for India," the USDA report said.
India is followed by Vietnam, which shipped 7 million tonnes of rice, Thailand (6.5 million tonnes), Pakistan (3.75 million tonnes) and the US (3.5 million tonnes), it added. India moved to the top slot from the third place in 2011 buoyed by record production of 104.32 million tonnes on the back of good monsoon rains.
The US agency said with India's shipments rising this year it had to revise its global trade estimates upwards by 1.85 million tonnes. "Global trade for 2012 was raised 1.85 million tonnes to a record 37.7 million tonnes, with India accounting for the bulk of the upward revision in exports," it said.
The global rice production in 2012 is estimated at 464.87 million tonnes in 2012. India is the world's largest grower.

Uttarakhand Named best Performing States in terms of Environmental standards

The state of Uttarakhand on 29 October 2012 tops the Environmental Performance Index (EPI) list of being best-performing States and Union territories in terms of environmental well-being released by Planning Commission.

Uttarakhand is followed by Himachal Pradesh, Chandigarh, Sikkim, and Andhra Pradesh on the Planning Commission’s Environmental Performance Index (EPI) list. Environmental well-being is one of the considerations for decentralization of funds to the States under the Gadgil formula.

The State of Uttarakhand was given a cumulative score point of 0.8123 which is followed by Himachal Pradesh with score point of 0.7316, Chandigarh with 0.7270, Sikkim (0.7149), and Andhra Pradesh with 0.7147 of Score point.

Mizoram, Kerala, Goa, Sikkim, Tripura, Puducherry and Andaman and Nicobar, with an average score of 1, were ranked as the best States in terms of air quality.

Amazingly, except for Uttarakhand, all the States met the prescribed national ambient air quality standard in respect of the sulphur dioxide which is of 20 micrograms per cubic metre.

Amitabh Bachchan Got Best TV Host Award for KBC

Amitabh Bachchan, was rewarded as the ‘Best Television Host’ for the popular game show ‘Kaun Banega Crorepati’ by People’s Choice Award of Colour Television channel.

Amitabh is presently hosting Season 6 of Kaun Banega Crorepati, which is being aired on Sony channel. He had earlier hosted 5 seasons of KBC except for the third one, which was hosted by Bollywood actor Shahrukh Khan.

The first appearance of Amitabh Bachchan on Indian television is marked with Kaun Banega Crorepati,(KBC) which first aired in the year 2000.

Amitabh Bachchan, the 70-year-old Indian Bollywood megastar had previously won the Indian Telly Awards, BIG Television Awards, The Global Indian Film and TV Honours among major award by television channel.

Beasts of the Southern Wild - Sunday 4th November


--Peter Bradshaw, The Guardian

At the Cardiff sciSCREEN event (Sunday 4th November), sponsored by the British Science Association, Cardiff University academics will relate the film to ideas about climate change, flooding and risk, apocalyptic narratives, and the resurrection of extinct species.

The film starts at 5.30pm, with the sciSCREEN discussion beginning at 7.15pm. Please remember, the sciSCREEN discussion is now a ticketed event—tickets are free and can be reserved by ringing the box office at Chapter on 02920 304400. Capacity for this event's sciSCREEN discussion is limited to 40.

Monday, 29 October 2012

Recognising Sacred Sites Could Double Conserved Area

Via www.cifor.org
As attendees of the 11th Conference of Parties (COP 11) to the Convention on Biological Diversity (CBD) discussed how conserved areas can be increased from 12 to 17 percent of the earth's land to meet target 11 of the Aichi Biodiversity Targets by the 2020 deadline, some representatives argued that recognising lands sacred to indigenous communities could double the amount of protected land worldwide. Granting this status to areas conserved by indigenous communities would not only improve the conservation of land with immense biodiversity, it will also strengthen communities and help to keep them intact according to a recent blog post by the Centre for International Forestry Research (CIFOR). 

The blog post cites the director of Natural Justice partner MELCA, Million Belay, who also feels that this recognition will strengthen and legitimise traditional knowledge. Bas Vershuuren, co-chair of the IUCN specialist group on cultural and spiritual values of protected areas and also a Natural Justice partner, said that through the recognition of sacred sites, conservation can be decentralised as opposed to the way it is currently practiced. 

Read the full blog post here

administering biodiversity


‘Extinction rates are rising by a factor of up to 1,000 above natural rates. Every hour, three species disappear. Every day, up to 150 species are lost. Every year, between 18,000 and 55,000 species become extinct. The cause: human activities.’
- Ahmed Djoghlaf, head of the UN Convention on Biological Diversity.

The problem, again: The interconnected ecosystems that make up the biosphere are all dependent on the capture, conversion and distribution of the sun’s energy through the planetary cycling of carbon. The biosphere has proved to be fairly resilient. Within the constraining parameters of life on earth, however, changes in climate can have enormous consequences. Interventions, human or non-human, that impact ecosystems and the carbon cycle can result in irreversible losses of biodiversity and trigger abrupt and uncontrollable climate changes. The contemporary form of human society – the global social process we know as capitalist modernity – has initiated both a new mass extinction event and global warming. As a result, tens of thousands of life forms will be ‘disappeared’ and millions of people will lose, directly or indirectly, their lives, health or homes through famine, drought, illness and war. These processes are already unfolding. The urgent question is: how far will they go?

Put differently, the problem is the dominant social process and the difficulty in changing it. The social process, organized to maximize capital accumulation and channeled through a rivalrous interstate system, compels all individuals to compete for places in a national economy and compels all states to promote and defend one national economy against all others. Growth, measured in Gross Domestic Product, is a given. By this logic, capital and biosphere are caught in a relation of antagonism, setting up endless and dreary struggles between the claims of jobs and environment, profits and endangered species, consumption and biodiversity. Through this optic, climate change and mass extinction are simply matters of national security and risk assessment. It is taken for granted that science and technology will enable human adaptation to ecological degradation and the weather. The national security-surveillance state is oriented toward enforcing the current social logic, not changing it. The state’s concern is: who can dominate in the new climate scenario? Or in other words: what must be changed, in order to keep in place the current regime of accumulation and logic of domination? Seen from below, however, the problem is how to change that very logic.


Global governance, to use the current buzz word, is the interstate process tasked with administering the parameters for growth and accumulation, mediating conflicts and managing emerging threats and volatilities. Nominally democratic, governance draws on international law, negotiated and interpreted by states bilaterally, as well as through the UN and a vast array of supplementary multilateral forums and agencies, with inputs by NGOs and, sometimes, the popular pressure of social movements.

States abide by the fabled rule of law, except when they don’t. The weak accept what they must, as Thucydides put it, and the strong do what they can get away with. The rule of laws is the rule plus the exceptions, which makes for unraveling legitimacy. If it would be too reductive to say that capital simply and directly does what it wants, then it would also be too naïve not to see that capital dominates the process and that corporate and national powers generally achieve their aims either by the mediations of party and law or, that failing, by flexible mixes of corruption, coercion and war. As we know all too well, this systemic essence of domination actively corrupts and undermines democratic forms and impulses. Shaped since 1945 by the allied imperatives of capital, bureaucracy and weapons systems, so-called governance is by and large technocracy. As limits loom and contradictions intensify – as they have in the still-unfolding financial meltdown and as they are doing far more powerfully in the biospheric meltdown – the tendency is to favor security options and a de facto permanent state of emergency.

This is the context within which we need to reflect on the technocratic ‘science-policy interface’ where, presumably, the ‘from above’ responses to climate change and mass extinction are being generated. More than twenty years ago, the Intergovernmental Panel on Climate Change (IPCC) was established under the auspices of the United Nations, in order to provide governments with scientific assessments and advice on the causes and risks of climate change. The publications of this body have been the most authoritative articulations we have of the scientific consensus regarding global warming. Because the conclusions of the IPCC are disturbing to a model of global development dependent on the immensely profitable extraction and consumption of fossil fuels, a new industry of warming denial has emerged to smear scientists and sow public confusion. The climate scientists, painted by the Right as political radicals, are mostly good technocrats who have merely gathered and relayed the findings of their peers. Many scientists are being politicized, however, by the cynicism of the public attacks launched against them. This disjunction on the ‘interface’ may yet become a political factor. In the meantime, the repressed has returned as postcolonial reality: at high-profile summits in Copenhagen (2009), Cancun (2010) and Durban (2011), policy has bogged down in disputes between governments representing ‘developed’ and ‘developing’ economies. Rebellions stirring in the Global South are being contained, but at the cost of no effective agreements being reached or measures taken. In Washington and other Northern metropoles, dominant politicians have simply brushed off the counsel of science as inexpedient.


In April 2012, governments from 90 countries established the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES). Intended to provide authoritative scientific assessments about biodiversity loss and ecosystem degradation, this body is meant to be analogous to the IPCC. Its first plenary is planned for January 2013, in Bonn.

The IPBES will inform, but remain independent from, the UN process initiated by the Convention on Biological Diversity (CBD). The eleventh Convention of Parties (COP 11) to the CBD has just finished meeting in Hyderabad, India. (The quote at the top is from CBD head Ahmed Djoghlaf’s opening statement.) While everyone agrees that a mass extinction event is a deplorable thing, the usual North-South fissures reopened when the discussion turned to financing conservation efforts. As with warming, so with extinction: the Northern beneficiaries of accomplished ‘development’ will not take responsibility for the history of conquest, plunder and containment that underwrites their power and privileges – and who is going to force them to? Nature is great, so long as someone else has to pay for it.


A decade ago, Edward O. Wilson estimated that spending $30 billion per year on a robust coordinated conservation effort could cut the extinction rate by half. (See my review of Wilson’s The Future of Lifebelow, in the biosphere thread.) He argued that this ‘one-thousandth of world domestic product’ is ‘the best bargain humanity has ever been offered.’ In the run-up to COP 11, researchers writing in the journal Science revised Wilson’s figures: establishing and maintaining the reserves needed to save the world’s threatened species will now cost more like $80 billion per year. Meanwhile, with each passing hour the world becomes three more species poorer, and degrading ecologies edge that much closer to tipping points of collapse.


The shared technocratic assumption here is that growth (or more bluntly, capital) and the biosphere can be reconciled, and that an acceptable balance can be struck, under the unchanged sign of accumulation, between ‘lifting the world out of poverty’ and conserving nature. Critical theory, of course, rejects this as a false reconciliation and calls for a new social logic beyond that of domination and perennial misery. Short of that leap, however, we should push the vectors of conservation as far as they can go.

Among the responses to the crisis and the political impasses surrounding it, is the still-emerging field of ‘ecological accounting’. The idea here is to put values on all the ecological costs and benefits that are conventionally left off the books, from the untallied costs of pollution and species loss to the freely-used benefits of ‘ecosystem services’(the ES in the IPBES), such as clean air and natural pollinators. The sum of these estimates brings into view – and potentially into business plans, accumulation strategies and security budgets – the true carbon footprints of specific industrial processes, products and policies. Such a re-conceptualization amounts to a radical redefinition of growth and, possibly, a new economic paradigm. Limited to ‘carbon trading schemes’ and similar shell games, such an approach will remain easily corruptible. But if it takes hold more robustly and becomes generalized, then it may go differently. It seems very doubtful that current patterns of production and consumption can be justified under such criteria, rigorously applied. Whether ‘ecological accounting’ is radical enough to open an ‘immanent’ path out of the logic of capitalist accumulation remains to be seen, but is very much worth thinking about.

The following editorial from this week’s Economic & Political Weekly (Mumbai) reflects lucidly on COP 11 - with the requisite skepticism for the ideology of growth. In the South, too, governance is rife with antagonism.

GR

Read the review of Wilson’s The Future of Life.

 
Editorial: Words not Deeds. The government's commitment to conserving biodiversity remains hollow.

Economic & Political Weekly, vol. XLVII, no. 44, 3 November 2012

The recently concluded 11th Conference of the Parties (COP11) to the Convention on Biological Diversity (CBD) in Hyderabad reminded us that not everyone is convinced that economic growth and biodiversity conservation are compatible. Although all governments, including ours, make the right noises at such conferences, reiterating their commitment to the environment and biological diversity, their policies suggest otherwise. The CBD has been around for two decades. It came into force on 29 December 1993, 90 days after the 30th country had ratified it. Yet over this period, it is evident that the sense of urgency that resulted in this important convention being formulated has not translated into the kind of actions that could have slowed down the rapid decline in biodiversity worldwide and in particular in biodiversity-rich nations like India. In the last two decades, one-third of all species of plant and animal life have become extinct in the world. Many more are on the endangered list as the juggernaut of environmentally unsustainable developmental policies proceeds to destroy precious ecosystem resources.

In poorer countries, and even those like India that are on a rapid growth path, the people most dependent on a natural resource base are also the poorest and most likely to be in the path of projects that destroy biodiversity. Mining is only one of the dozens of examples. In the last decade in India, close to one lakh hectares of forestland have been excavated for mines and more such land is being surveyed for mining. There is not a hint in official policy that the need to conserve ecosystems is as important as extracting minerals. The importance of the former has been recognised only when people dependent on these natural resources have fought to save them. A similar example is the fate of India’s coastline that is progressively being destroyed by scores of power stations, ports, jetties, tourist facilities, etc, that have been sanctioned. The consequent destruction of breeding grounds of the vast varieties of aquatic resources, taking place at an alarming pace according to recent surveys, is putting the livelihoods of fishing communities across the country at risk while at the same time destroying aquatic biodiversity.


Traditionally, farmers have been the conservators of scores of seed varieties. Their age-old methods of conservation are today under threat as agro companies aggressively push seed varieties, many of them genetically modified (GM), that promise bigger profits and more resilient crops. But as the virtual epidemic of suicides amongst farmers in many parts of India has shown, the promise of profits has been illusory and has led not just to debilitating indebtedness but also to the loss of precious diversity in seeds. In this context, the recommendation of the Technical Expert Committee, constituted by the Supreme Court in response to a petition asking for a ban on GM crops, is significant. It has recommended a 10-year blanket ban on field trials of GM crops, particularly in areas where India is the centre of origin of the seed variety. Predictably, industry has criticised this recommendation, considering it short-sighted. In fact, it might prove to be just the kind of far-sighted step that is needed to halt the worrying destruction of indigenous seed varieties.


In his speech at COP11, which India chairs for the following two years until the next COP is held in South Korea, Prime Minister Manmohan Singh made all the right gestures including kicking off the fund for biodiversity conservation with a pledge of $50 million, a very small part of the estimated $8 billion needed to fund research and projects in the countries that are econo­mically poor but rich in terms of biodiversity. Yet the government’s recent policies expose the hollowness of much of what he said. For instance, in the last decades many significant environmental laws have been enacted, including the Bio­logical Diversity Act 2002. The law envisaged local communities maintaining bio­diversity registers so that they could intervene if development plans endangered these resources. The formulation of the Act itself, following extensive consultation, offered an important model of consultative law-making. Yet, even a law like this has not been implemented with any seriousness and many states have failed to involve local communities. In fact, the very people who are most vested in preserving bio­diversity are today being forcibly displaced in the name of economic development.

The real proof of commitment to the concept of conserving biological diversity will come if the economic growth model that a country adopts incorporates conservation strategies as an integral part of its developmental plans. This necessarily means trade-offs. But because environmental concerns involve issues that will affect future generations and cannot be measured in terms of short-term gains, policymakers have to embrace the vision of a future that incorporates such diversity. Unfortunately, the belief that somehow economic growth can offset all other losses, including those of ecosystem services, remains deeply embedded in the corridors of policymaking. As a result, the only time conservation of biodiversity is given a shoe-in is when those affected by its loss, the natural resource dependent communities, organise and make themselves heard.

Sydney Sixers win 2012 Champions League Twenty20


Sydney Sixers produced a clinical all-round display to clinch the Champions League Twenty20 title with a thumping 10-wicket victory over Highveld Lions in a lopsided summit clash at Johannesburg on October 28.

Sixers first rode on a brilliant bowling display by spinner Nathan McCullum (three for 24) and pacer Josh Hazlewood (three for 22) to dismiss Lions for a modest 121 after electing to field.

The Australian side overhauled the target with 7.3 overs to spare, thanks to some powerful hitting by openers Michael Lumb and Brad Haddin who added 124 runs. Lumb annihilated the Lions with eight fours and five sixes in his 42-ball 82 while Haddin blasted four boundaries and a six in his 33-ball 37. The opening duo was particularly harsh on Chris Morris and Aaron Phangiso as the two conceded 54 in just four overs.
The Sydney Sixers became the second Australian team, after New South Wales Blues to win the Champions League. They were tested by the Nashua Titans in the second semi-final but apart from that, they have been outstanding throughout the tournament. The Sixers take away the trophy, Lumb takes away the Golden Bat and Mitchell Starc takes away the Golden Wicket.

Lumb, Starc win honours

Lumb (226 runs) received the Golden Bat for being the highest scorer in the competition while teammate Mitchell Starc (14 wickets) took home the Golden Wicket.

Man-of-the-match: M. Lumb;
Man-of-the-tournament: M. Starc.

Sunday, 28 October 2012

Pankaj Advani wins Billiards world title


Ace Indian cueist Pankaj Advani proved his class once again as he notched up his seventh World Billiards Championship title after comprehensively beating defending champion and seasoned Englishman Mike Russell in the final. The celebrated cueist stamped his dominance with 1895-1216 win.
This is the eighth overall world title for Pankaj and his seventh in billiards. His first world title in billiards came in 2005 when he created history by becoming the first cueist ever to win the Timed and Points format of the IBSF World Billiards Championship in the same year, a feat he repeated in 2008. He also won the IBSF World Billiards Championship (Timed Format) in 2007 and won World Professional Billiards title 2009. The only active player to compete at the highest level in both Billiards and Snooker, Pankaj made the tough choice of picking the World Billiards Championship over International Snooker Championships due to a clash in the dates of the two tournaments.

Half marathon kicks off Shillong Autumn Festival

 SHILLONG: A half marathon kicked off the annual Shillong Autumn Festival on Saturday. Aimed at promoting tourism in the "Abode of Clouds", chief minister Mukul Sangma led the run. Later, he also sang some evergreen numbers of the Nineties to entertain the crowd. People from all walks of life took part in the event.

In keeping with the theme "for a greener tomorrow", the Shillong Autumn Festival is focusing on the need to save the green cover, considered as the USP of tourism in Meghalaya.

"Think green, eat green and live green," Mukul said, urging the participants to carry home the message of shouldering a collective responsibility to keep Shillong and the environment clean.

Assuring sustained supports from the government for the green movement in the state, the chief minister added, "Let's take a resolution today that whoever is here will ensure that this humble beginning is converted into a movement... a green movement".

Bining Lyngkhoi, former champion among runners at the Mumbai Marathon and hailing from Meghalaya's West Khasi Hills district, was the ambassador of the half marathon. Meghalaya Tourism Development Forum (MTDF), the organizer of the event, projected the number of participants at 10,000.

After today's event, the cultural shows and food court of local cuisines from the NE would be held on November 3-4 at the picturesque Orchid Lake Resort at Umiam (Barapani). Former state home minister and CEO LIFCOM, R G Lyngdoh, who is also the chairman of MDTF, said this year a sound and light show titled "work of art" would be one of the attractions at the venue.

Several western music bands and cultural troupes from the region would perform during the two-day event and would have a lot to offer for people. The annual Shillong Autumn Festival has been drawing a large number of tourists over the years.

Meghalaya : BSF arrests 11 Bangladeshi nationals

Shillong: Eleven Bangladeshi nationals were arrested near the international border in East Jaintia Hills district, Border Security Forces  (BSF) officials said on Friday.

The Bangladesh nationals, all residents of Sylhet district, were returning to their home last night ahead of Eid. The men used to work as labourers in coal fields in Khliehriat area.

From their possession, Rs 30,420 was recovered including five cellphones including a Bangladesh SIM card, the BSF said.

According to the BSF, security has been tightened at the borders to prevent both "infiltration and ex-filtration" of anti-national elements.

Altogether, 62 illegal immigrants were arrested at the international border in Meghalaya this month and cattle worth Rs 19.86 lakh were also seized. A large portion of Meghalaya's 443-km border with Bangladesh is porous due to the absence of fencing, riverine terrain.

Meanwhile, the Khasi Students Union, an influential students body here claimed to have apprehended eleven illegal immigrants from a vehicle in the city outskirt.

The KSU claimed that they were Bangladeshi nationals but were travelling from Assam to West Khasi Hills’s Borsora coal mines to find employment there. The KSU handed over the 11 people who they claimed to be Bangladeshis to the police.

Food wasted by world can feed 500 million

The total food wasted every year globally is enough to feed 500 million people without any extra burden on natural resources, a top official of United Nation's body Food and Agriculture Organisation (FAO) has said. "Around one third of all the food produced in the world is lost or wasted every year," FAO Director General Jose Graziano da Silva said, adding the elimination of this wastage is an important step in achieving zero hunger. As per an earlier report by FAO, food losses and waste amount to roughly USD 680 billion in industrialised countries and USD 310 billion in developing countries.

China unveils Asia's biggest radio telescope

China October 28 unveiled Asia's biggest radio telescope to be used in collecting accurate data from satellites and space probes.

The 65 meter diameter telescope was unveiled at the foot of Sheshan Mountain in Shanghai.

The sprawling telescope with the size of about 10 basketball courts can pick up eight different frequency bands and also track Earth satellites, lunar exploration satellites and deep space probes.

The telescope will be used for Very Long Baseline Interferometry (VLBI), a type of astronomical interferometry used in radio astronomy, as it can collect accurate data and increase its angular resolution during astronomical observation, state run Xinhua.

China's VLBI system is made up of four telescopes in the cities of Shanghai, Beijing, Kunming, Urumqi, respectively, as well as a data center in Shanghai.

Radio telescopes differ from optical ones in that they use radio antennae to track and collect data from satellites and space probes.

The first radio antenna used to identify astronomical radio sources was built by American radio engineer Karl Guthe Jansky, an engineer with Bell Telephone Laboratories, in the early 1930s.

Vettel wins Indian Grand Prix


Red Bull’s Sebastian Vettel had a lonely race from pole to the chequered flag at the Indian Grand Prix as the German took another step towards a Formula One title hat-trick.
Vettel got his fourth victory in a row, a first for him, ahead of title rival Fernando Alonso of Ferrari and Mark Webber of Red Bull, who had to relinquish second place late in the race with problems with the Kers power boost system.
Alonso led Vettel by 39 points but the German turned the deficit into a 13-point lead into the final three races with victories in Singapore, Japan, South Korea and India.
Vettel has 240 points to Alonso’s 227, with Kimi Raikkonen of Lotus (173) and Webber (167) with only a mathematical chance.
McLaren’s Lewis Hamilton (165) and Jenson Button (141) are now officially out of the title race after coming fourth and fifth, respectively.

Council of Ministers

Cabinet Ministers
Serial Number Portfolio Name of Minister
1. Prime Minister
Ministry of Personnel, Public Grievances and Pensions
Ministry of Planning
Department of Atomic Energy
Department of Space
Dr. Manmohan Singh
2. Minister of Railways Shri Pawan Kumar Bansal
3. Minister of Finance Shri Palaniappan Chidambaram
4. Minister of Agriculture
Minister of Food Processing Industries
Shri Sharad Chandra Govindrao Pawar
5. Minister of Defence Shri A.K. Antony
6. Minister of Home Affairs Shri Sushil Kumar Sambhajirao Shinde
7. Minister of External Affairs Shri Salman Khurshid
8. Minister of Science and Technology
Minister of Earth Sciences
Shri Jaipal Sudini Reddy
9. Minister of Health and Family Welfare Shri Ghulam Nabi Azad
10. Minister of New and Renewable Energy Dr. Farooq Abdullah
11. Minister of Petroleum and Natural Gas Dr.(Shri) M. Veerappa Moily
12. Minister of Overseas Indian Affairs Shri Vayalar Ravi
13. Minister of Civil Aviation Shri Ajit Singh
14. Minister of Labour and Employment Shri Mallikarjun Kharge
15. Minister of Human Resource Development Dr. M. Mangapati Pallam Raju
16. Minister of Communications and Information Technology Shri Kapil Sibal
17. Minister of Commerce
Industry and Minister of Textiles
Shri Anand Sharma
18. Minister of Road Transport and Highways Shri C. P. Joshi
19. Minister of Housing and Urban Poverty Alleviation Shri Ajay Maken
20. Minister of Culture Smt. Chandresh Kumari Katoch
21. Minister of Shipping Shri G.K. Vasan
22. Minister of Urban Development
Minister of Parliamentary Affairs
Shri Kamal Nath
23. Minister of Water Resources Shri Harish Rawat
24. Minister of Social Justice and Empowerment Kumari Selja
25. Minister of Chemicals and Fertilizers Shri M. K. Alagiri
26. Minister of Heavy Industries and Public Enterprises Shri Praful Manoharbhai Patel
27. Minister of Coal Shri Sriprakash Jaiswal
28. Minister of Law and Justice Ashwani Kumar, Shri
29. Minister of Minority Affairs Khan, Shri K. Rahman
30. Ministry of Mines Shri Dinsha J. Patel
31. Minister of Tribal Affairs
Minister of Panchayati Raj
Shri V. Kishore Chandra Deo
32. Minister of Steel Shri Beni Prasad Verma
33. Minister of Rural Development Shri Jairam Ramesh

Ministers of State with Independent Charge
Serial Number Portfolio Name of Minister
1. Ministry of Women and Child Development Smt. Krishna Tirath
2. Ministry of Youth Affairs and Sports Shri Jitendra Singh
3. Ministry of Consumer Affairs, Food and Public Distribution Prof. Kuruppassery Varkey Thomas
4. Ministry of Statistics and Programme Implementation Shri Srikant Kumar Jena
5. Ministry of Environment and Forests Smt. Jayanthi Natarajan
6. Minister of Information and Broadcasting Shri Manish Tewari
7. Ministry of Development of North Eastern Region Shri Paban Singh Ghatowar
8. Minister of Tourism Chiranjeevi, Dr. K.
9. Minister of Drinking Water and Sanitation Shri Bharatsinh Madhavsinh Solanki
10. Minister of Power Shri Jyotiraditya Madhavrao Scindia
11. Minister of Micro, Small and Medium Enterprises Shri K.H. Muniyappa
12. Minister of Corporate Affairs Shri Sachin Pilot
 
Ministers of State
Serial Number Portfolio Name of Minister
1. Ministry of External Affairs Shri E. Ahamed
2. Ministry of Health and Family Welfare Shri S. Gandhiselvan
3. Ministry of Social Justice and Empowerment Shri D. Napoleon
4. Ministry of Human Resource Development Shri Jitin Prasada
5. Ministry of Human Resource Development Dr. Shashi Tharoor
6. Ministry of Home Affairs Shri Ramachandran Mullappally
7. Ministry of Personnel, Public Grievances and Pensions
Prime Minister Office
Shri V. Narayanasamy
8. Ministry of Commerce and Industry Smt. Daggubati Purandeswari
9. Ministry of Railways Shri Adhir Ranjan Chowdhury
10. Ministry of Railways Shri Kotla Jaya Surya Prakash Reddy
11. Ministry of Textiles Smt. Lakshmi Panabaka
12. Ministry of Finance Shri Namo Narain Meena
13. Ministry of Finance Shri S.S. Palanimanickam
14. Ministry of Road Transport and Highways Shri Sathyanarayana Sarvey
15. Ministry of External Affairs Smt. Preneet Kaur
16. Ministry of Agriculture
Ministry of Food Processing Industries
Dr. Charan Das Mahant
17. Ministry of Agriculture
Ministry of Food Processing Industries
Tariq Anwar, Shri
18. Ministry of Tribal Affairs Smt. Ranee Narah
19. Ministry of Social Justice and Empowerment Shri Porika Balram Naik
20. Ministry of Health and Family Welfare Shri Abu Hasem Khan Choudhury
21. Ministry of Road Transport and Highways Shri Tushar Amarsinh Chaudhary
22. Ministry of Communications and Information Technology Shri Milind Murli Deora
23. Ministry of Communications and Information Technology Dr. (Smt.) Kruparani Killi
24. Ministry of Coal Shri Pratik Prakashbapu Patil
25. Ministry of Minority Affairs Shri Ninong Ering
26. Ministry of Rural Development Shri Pradeep Kumar Jain Aditya
27. Ministry of Home Affairs Shri Ratanjit Pratap Narain Singh
28. Ministry of Planning
Ministry of Parliamentary Affairs
Shri Rajeev Shukla
29. Minister of Chemicals and Fertilizers Shri Srikant Kumar Jena
30. Minister of Urban Development Smt. Deepa Dasmunsi
31. Minister of Labour and Employment Shri Suresh Kodikunnil
32. Minister of New and Renewable Energy Shri S. Jagathrakshakan
33. Minister of Civil Aviation Shri K. C. Venugopal
34. Minister of Parliamentary Affairs Shri Paban Singh Ghatowar
35. Ministry of Defence Shri Jitendra Singh
36. Ministry of Defence Shri Lalchand Kataria

Saturday, 27 October 2012

Brahma Chellaney won Bernard Schwartz Award

India's leading strategic thinker and analyst, Brahma Chellaney on 25 October 2012 won the 2012 Asia Society Bernard Schwartz Book Award for his recently published book Water: Asia's New Battleground .

Brahma Chellaney is going to be honoured with $20,000 prize money at a special event to be held at Asia Society's headquarters in New York City on 23 January 2012.

The book Water: Asia's New Battleground" by Brahma Chellaney was selected from nearly 90 nominations submitted by US and Asia-based publishers for books published in 2011.

Asia Society Bernard Schwartz Book Award was established in 2009 and is the only award that recognizes non-fiction books for their outstanding contributions to the understanding of contemporary Asia or US-Asia relations.

Deep Joshi is new IRMA Chairman

Deep Joshi, Magsaysay Award Winner and Member of the National Advisory Council (NAC), has been appointed Chairman of the Institute of Rural Management-Anand (IRMA).
The late Verghese Kurien was the founder Chairman, IRMA, from December 14, 1979 to June 8, 2006. Amrita Patel was the Chairman from June 9, 2006 to November 28, 2006 when Y.K. Alagh took
over. IRMA has established rule-based governance systems in his tenure.
The Chairman of IRMA has a term of three years, with a maximum of two terms.
Joshi served PRADAN (a voluntary organization dedicated to promoting and strengthening livelihood for poor families in villages) in various capacities, as it’s Executive Director for two five-year terms. He was conferred with the Ramon Magsaysay Award in 2009 and Padmashri in 2010. He also received the Harmony Silver Award in 2007.
He is also Chair of the National Foundation of India, serves on the Boards of IRMA and several voluntary organizations; and has served on several government committees concerning rural development.

Indian government debt jumped 3.6%



The government's debt in the July-September period in this financial year grew by 3.6 per cent to Rs 39,00,386 crore from Rs 37,63,264 crore in the previous quarter.
The total public debt (excluding liabilities that are not classified under public debt) of the Government had grown by 5.2 per cent in April-June quarter. "This represented a Quarter-on-Quarter (QoQ) increase of 3.6 per cent (provisional) compared with an increase of 5.2 per cent in the previous quarter (Q1 of FY13)," the Quarterly Report on Debt Management released by the Finance Ministry said. Internal debt in July-September quarter constituted 90.4 per cent of public debt, compared with 89.6 per cent at the end of June. The internal debt at Rs 35,27,405 crore constituted 34.7 per cent of GDP. It was 33.2 per cent at end-June 2012.
During the second quarter of the fiscal, liquidity conditions in the economy remained generally tight, though the deficit was within the Reserve Bank's stated comfort zone of about one per cent of Net Demand and Time Liabilities (NDTL) of scheduled commercial banks.
The net amount provided under Liquidity Adjustment Facility (LAF) operations, the report added, witnessed some oscillations during the quarter. It further said that the cash position of the government during the second quarter was generally comfortable and remained in positive territory for a major part of the period
under review. Gross tax collections during the April-August at 26.4 per cent of budget estimates were higher than 25.8 per cent a year ago.
In the direct taxes, collections from corporation tax and personal income tax at Rs 64,900 crore and Rs 58,249 crore, respectively, showed healthy growth rates of 25.8 per cent and 30.3 per cent against 13.9 per cent growth rate budgeted for each during FY13. Among the major indirect taxes, growth in collections
from customs and excise duties decelerated to 3.4 per cent and 10.8 per cent, respectively, against budgeted growth rates of 22.0 per cent and 29.1 per cent. However, service tax collections increased by 33.5 per
cent during April-August 2012-13 as against BE growth rate of 30.5 per cent.

AP ranks 4th in share of private investments

Andhra Pradesh ranks fourth in terms of share in the total private sector investments, including from foreign private players across India.
A study by industry body Assocham revealed that the State had a share of over 8 per cent in the total private sector investments as of June this year. Gujarat, Odisha and Maharashtra with a share of 12.5 per cent, 10.7 per cent and 8.9 per cent, respectively, figure ahead of Andhra Pradesh.
Out of the total outstanding investment of over Rs 12.3 lakh crore in the State, private sector accounts for over Rs 6.9 lakh crore, accounting for a share of 56 per cent, the study reveals.
In fact, at the national-level, private sector investments account for a share of 86.6 per cent of the total outstanding investments.
“Flow of private investments is decided by the general investment climate that prevails in the State. Bureaucratic efficiency, infrastructure facilities and ease of land acquisition, are the key drivers for investment flow,” Ravindra Sannareddy, Chairman of Assocham Southern Regional Council, said.
At the other end of the spectrum, Kerala, Himachal Pradesh, Uttarakhand and Assam, have the least share in India’s total private sector investment, which is even less than one per cent, the study said.