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WORLD ECONOMY ENTERS 2011ON MULTI-SPEED GROWTH RECOVERY

AGREEMENTS LIKELY IN 2011 ON DOHA ROUND AND CLIMATE TREATY
S. Sethuraman - 2010-12-31 11:26
The first decade of the 21st century had a turbulent start with the rise of global terrorism followed later on by collapse of the US housing market which led to a financial meltdown and finally a recession in advanced economies with cataclysmic consequences for the world as a whole. The world was still struggling to recover at the end of 2010 while the emerging economies quickly came out of the crisis and started growing strongly.
India

POLITICAL TURMOIL NOT HITTING GROWTH

GOVERNANCE HAS TO IMPROVE IN 2011
Nantoo Banerjee - 2010-12-31 11:22
The year 2010 proved to be a watershed in Indian life and politics. It raised the hitherto most troubling question of the extent of crony capitalism and exposed the massive corruption in the government with money playing role even in appointment of ministers in the union cabinet. It also rubbished the myth that the government holds the fulcrum on which Indian economy and life is supported. For the best part of the year, the government remained in limbo. And, for a very welcome surprise, it had little impact on Indian economy.

NEPALESE PEACE PROCESS AT CROSSROADS

Special Correspondent - 2010-12-30 23:12
New York: The peace process in Nepal is at a crossroads as the United Nations winds up its mission there, with the major challenge remaining to integrate 19,000 personnel from the Maoist army which fought a decade-long civil war, Secretary-General Ban Ki-moon says in a new report.

FOOD SECURITY EFFORTS IN BANGLADESH TO RECEIVE UN SUPPORT FOR ANOTHER YEAR

Special Correspondent - 2010-12-30 23:09
New York: The United Nations World Food Programme (WFP) has decided to extend its country programme in Bangladesh until the end of 2011 to provide support to 2.1 million hungry, vulnerable and malnourished people in the South Asian nation.

IMF Determines New Currency Amounts for SDR Valuation Basket

Special Correspondent - 2010-12-30 23:03
The International Monetary Fund (IMF) announced today the revised amounts for the four currencies that determine the value of the Special Drawing Right (SDR). Effective January 1, 2011, the value of the SDR will be the sum of the values of the following amounts of each currency:
U.S. dollar - 0.660
Euro - 0.423
Pound sterling -0.111
Japanese yen - 12.1
India

Integrated Action Plan for Select Tribal and Backward Districts approved

Special Correspondent - 2010-12-30 18:33
New Delhi: The Government has approved the Integrated Action Plan (IAP) for 60 Selected Tribal and Backward Districts .The scheme would be an additional central assistance (ACA), on 100% grant basis. To begin with IAP is proposed to be implemented with a block grant of Rs. 25 crore and Rs. 30 crore per district during 2010-11 and 2011-12 respectively for which the funds will be placed at the disposal of the Committee headed by the District Collector and consisting of the Superintendent of Police of the District and the District Forest Officer.
India

Revised Norms for AICTE Approval announced

Special Correspondent - 2010-12-30 18:30
New Delhi: Shri Kapil Sibal, Union Minister for Human Resource Development, announced revised norms for the approval process, for 2011-2012, of institutes that are regulated by the All Indian Council for Technical Education (AICTE), here today.
India

NIA files Charge-Sheet in Case Relating to Meeting of SIMI

Special Correspondent - 2010-12-30 18:27
New Delhi: The National Investigation Agency (NIA) registered Crime No. 03/2010 dated 21.10.2010 corresponding to FIR No. 159/2006 dated 15.08.2006 of the Binanipuram Police Station, Ernakulam District, Kerala for further investigation vide order dated 24.12.2009 issued by the Ministry Of Home Affairs, Govt. of India.
India

Guideline issued for Corporate Social Responsibility of PSUs

Special Correspondent - 2010-12-30 18:20
New Delhi: The guidelines on Corporate Social Responsibility for Central Public Sector Enterprises (CPSEs) issued by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, lay stress on the link of Corporate Social Responsibility with sustainable development.