Archive for ‘India alert’

10/07/2013

* Minimum wage per month for selected countries

Minimum wage per month for selected countries in US dollars

China                     $138

Cambodia            $75

Indonesia            $71

Vietnam               $67

India                      $65

Bangladesh         $38

Source: US State Department/The Wall Street Journal May 2013

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10/07/2013

Are we talking the same language – Women and Communication at Work

Good insight from an Indian woman about Indian women at work.

Pointed out to me by Rohan Khanna. Many thanks.

Nita Kapoor's avatarNita Kapoor

The styles that men and women use to communicate have been described as “debate vs. relate”, “report vs. rapport, or “competitive vs. cooperative”. Men often seek straightforward solutions to problems and useful advice whereas women tend to try and establish intimacy by discussing problems and showing concern and empathy in order to reinforce relationships. Men focus more on trying to prove themselves to be better than the others in the group, while women want to make sure no one feels left out.

Some of these gender traits inculcated by the socialisation process show up in the issues faced by women in the corporate world. It has taken generations of struggle for women to come out of their homes and work at par with the men in this man’s world. Years into the feminist quantum leap, age old stereotype still prevails – if we women assert ourselves forcefully, people perceive us…

View original post 586 more words

21/06/2013

Mumbai building collapse kills nine

BBC News: “At least nine people have been killed in the collapse of a building on the outskirts of the Indian city of Mumbai.

map

More people are trapped inside the three-storey building in Thane district, 35km (20 miles) from Mumbai. Rescue operations are continuing.

The cause of the collapse in not known, but correspondents say such incidents are common in India and often blamed on poor construction practices.

In April, 74 people were killed in another building collapsed in Thane.

And earlier this month, four people were killed when a five-storey building collapsed in Mumbai.

The latest incident happened early on Friday when the residential building caved in, officials said.

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India’s deadly collapses

4 April 2013: 74 die in Thane, near Mumbai

19 Dec 2012: 13 die in Wagholi, Maharashtra

24 Sept 2012: 6 die in Pune, Maharashtra

15 April 2012: 23 workers killed in blanket factory collapse in Jalandhar

16 Nov 2010: 69 killed and more than 80 injured in Delhi

18 Aug 2010: School building collapse kills 18 children in Uttarakhand

26 Jan 2010: 23 killed in Bellary, Karnataka

23 Sept 2009: Chimney of a power plant in Chhattisgarh caves in, 40 killed

13 Aug 2008: 20 die in Mumbai

18 July 2007: 29 killed in Mumbai”

via BBC News – Mumbai building collapse kills nine.

03/06/2013

Sonia seeks quick implementation of rural livelihood schemes

The Hindu: “Buoyed by the response to UPA’s rural livelihood scheme, Congress president Sonia Gandhi on Monday sought quick implementation of Aajeevika mission across the nation especially its central and eastern parts.

Congress chief and UPA Chairperson Sonhia Gandhi with womens from various states during the AAJEEVIKA DIWAS 2013 in New Delhi on Monday. Photo: R.V. Moorthy

Ms. Gandhi’s thrust on the scheme comes at a time when Congress is bracing for Lok Sabha elections due next year and assembly elections in five states including BJP-ruled Madhya Pradesh and Chhattisgarh this year.

Giving a thrust to poverty alleviation in her address at the second anniversary of the National Rural Livelihood Mission (NRLM) here, Ms. Gandhi said that the empowerment of weaker sections and women has been the main pillar of our UPA government.

The Congress president also chose the occasion to announce that a special package is being prepared for North Eastern states and hilly states like Uttarakhand and Himachal Pradesh to give a fillip to such measures.

She said that in the next ten years, 7 crore BPL families have to be freed from poverty, which is not an easy job.

“But by adopting the Aajeevika Mission, many states have proved that through women SHGs, economical and social changes can be brought in the rural areas.

“Seeing this success, it seems that now the Aajivika Mission will have to be implemented fast across the country especially in central and eastern India,” Ms. Gandhi said.

Aajeevika was launched by Ministry of Rural Development (MoRD) in June 2011. It aims at creating efficient and effective institutional platforms of the rural poor enabling them to increase household income through sustainable livelihood enhancements and improved access to financial services.

The NRLM has set out with an agenda to cover 7 Crore BPL households, across 600 districts, 6000 blocks, 2.5 lakh Gram Panchayats and 6 lakh villages through self-managed Self Help Groups (SHGs) and support them for livelihood collectives in a period of 8-10 years.

Hailing the NRLM as an important programme of the UPA, Ms. Gandhi claimed that in no other country of the world, such an ambitious and huge scheme for the empowerment of women exists.

“Today everybody has proved that this programme can free women from the curse of poverty. Such an an emancipation is based on stable and self-made employment and not on the mercy and kindness of anybody.

“Our purpose is clear. We have to strengthen the women SHGs and their instruments financially,” she said.”

via Sonia seeks quick implementation of rural livelihood schemes | The Hindu.

03/06/2013

Nuclear weapons: India keeps pace with Pakistan, but focuses on China

Times of India: “China, India, and Pakistan all added 10 to 20 nuclear weapons to their arsenal last year even as the top four nuclear nations — US, Russia, UK and France — appear determined to retain their nuclear arsenals indefinitely even if they didn’t add to their inventory, the Swedish arms watchdog Sipri said in its 2013 handbook released this weekend.

NPT Nuclear Weapon States (China, France, Russ...

NPT Nuclear Weapon States (China, France, Russia, United Kingdom, US) Non-NPT Nuclear Weapon States (India, Israel, North Korea, Pakistan) States accused of having nuclear weapons programs (Iran, Syria, Saudi Arabia) States formerly possessing nuclear weapons program (Photo credit: Wikipedia)

Sipri’s world nuclear forces chart showed India bumping up its nuclear warheads from 80-100 in 2012 to 90-110 in 2013, keeping pace with Pakistan, which went from 90-110 weapons to 110-120. China meantime went from 240 nuclear weapons in 2012 to 250 in 2013, while France and UK froze their arsenals at 300 and 225 weapons respectively, as did Israel at 80 weapons.

Russia and the USA were the only two countries reducing their inventories of strategic nuclear weapons under the terms of the Treaty on Measures for the Further Reduction and Limitation of Strategic Offensive Arms (New START) as well as retiring ageing and obsolescent weapons. However, Sipri said, they, along with the three other recognized nuclear powers, France, Britain and China, are either deploying new nuclear weapon delivery systems or have announced programs to do so, and appear determined to retain their nuclear arsenals indefinitely.

As a result, although the total number of nuclear weapons in the world dropped from approximately 19000 in 2012 to 17265 in 2013, there was little to inspire hope that the nuclear weapon-possessing states are genuinely willing to give up their nuclear arsenals, the Sipri report said.”

via Nuclear weapons: India keeps pace with Pakistan, but focuses on China – The Times of India.

01/06/2013

Anna Hazare concludes second phase of Jantantra Yatra

Times of India: “Anti-corruption activist Anna Hazare today concluded the second phase of his Jantantra Yatra here, asking people to “wake up” to change a system where power has gone into the hands of “tainted” people.

English: Hon. Anna Hazare in Nanded , Maharastra .

English: Hon. Anna Hazare in Nanded , Maharastra . (Photo credit: Wikipedia)

“As many as 163 of our MPs are tainted. This means that the system is corrupt and needs to be changes,” Hazare said, adding, he will launch a major campaign from Delhi’s Ramlila Maidan very soon.

He asked people to realise that they hold the key in a democratic setup, and they should bring about amendments to it by voting judiciously for “right individuals”.

Hazare was addressing the last public meeting of the second phase of his campaign, ahead of next year’s Lok Sabha polls.

He asked the youths to come forward and associated themselves with his campaign.

Hazare said he lives the life of an ascetic and recalling an incident, he claimed “once some corrupt people hired contract killers to eliminate me, but they refused, saying they cannot kill a ‘fakir'”.

He said he was grateful to people of Uttarakhand for “showering their love” on him during his campaign.

In his campaign, Hazare covered nearly 50 villages and held public meetings at a number of places including Rishikesh, from where he launched his second phase, Haridwar, Nainital and Haldwani, before concluding it here.”

via Anna Hazare concludes second phase of Jantantra Yatra – The Times of India.

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01/06/2013

Sun Pharma Keeps Expanding Overseas

WSJ: “A bid by India’s Sun Pharmaceutical Industries Ltd.  to acquire Swedish drug maker Meda AB  for as much as $5 billion, could be a big plus for Sun, say stock analysts in India.

Mumbai-based Sun Pharma, which makes generic versions of patented drugs including those used for cancer treatment, has been the best performer on India’s benchmark Sensex’s 30-share index this year.

The stock has gained 42% this year to close at 1045.50 rupees ($18.45) a share on Friday. In comparison, Sensex is up only around 3% since the beginning of the year.

Analysts say a big acquisition that expands Sun Pharma’s product offerings would help it grow further. Already, Sun Pharma generates more than 70% of its total revenue from overseas units.”

via Sun Pharma Keeps Expanding Overseas – India Real Time – WSJ.

01/06/2013

India’s economic growth at slowest rate in a decade

BBC: “India‘s economy grew at its slowest pace in a decade during the 2012-13 financial year, figures show.

An factory worker welds at an air conditioner manufacturing facility near Ahmedabad

The economy grew by 5% over the year, after having grown at an annual pace of 4.8% in the January-to-March quarter.

India was recording annual growth of 9% until two years ago, but in recent months it has seen a sharp decline blamed on a slowdown in its manufacturing and services sectors.

Foreign investors have also kept away due to delays in key reforms.

One factor is India’s weakening job market.

“Companies now want a perfect candidate. Because of the global recession they are cutting down the job opportunities.”

Falling orders and fewer jobs

According to the latest figures released by the ministry of statistics, India’s manufacturing sector grew at an annual pace of 2.6% during the latest quarter while farm output rose by just 1.4%.

The figures are in line with official estimates. In February, India lowered its growth forecast to 5% for the year, underlining the challenges it faced in reviving the sluggish economy.

Last month, Prime Minister Manmohan Singh said the current downturn was “temporary” and he was confident the country’s economy would bounce back to an “8% growth rate”.

However, the mood has remained pessimistic in the business community with industry leaders worried over high rates of inflation.

The slowing economy has also meant that Indian companies are putting less profit back into their businesses.

Annual capital investment growth slowed to 3.5% in the first three months of 2013, down from 4.5% year-on-year in the previous quarter.

Meanwhile, complex business regulations are often blamed for driving foreign companies away.

Foreign direct investment into India has fallen, while the amount of corporate money leaving the country is on the rise.

“The government needs to go all-out to turn around investment sentiment,” said Yes Bank chief economist Shubhada Rao.

via BBC News – India’s economic growth at slowest rate in a decade.

30/05/2013

Why India’s identity scheme is groundbreaking

BBC: “In an audacious technological mission, India is building a near foolproof database of personal biometric identities for nearly a billion people, something that has never been attempted anywhere in the world.

A woman getting enrolled in a UID booth in Surat

Poorer Indians who have no proof to offer of their existence will leapfrog into a national online system, another global first, where their identities can be validated anytime anywhere in a few seconds.

“India will outdo the world’s biggest biometric databases including those of the Federal Bureau of Investigation and the US-VISIT visa programme,” says Nandan Nilekani, the technology tycoon who heads the programme popularly called by its acronym UIDAI.

The United States’ visa programme is a biometric database of 120 million.

In comparison, the UIDAI has already registered 200 million members, less than two years after the first enrolment.

By 2014 half of India’s population will have an identity tagged to a random, unique 12-digit number.

As more and more Indians have their fingerprints taken, irises scanned and photographs clicked, UIDAI’s chief technology architect Pramod Varma describes the database structure as a “Google-meets-Facebook” scale out.

The information is stored in a fortress like data centre in Bangalore

With its internet-class open source backbone, the database will accommodate more than 12 billion fingerprints, 2.4 billion iris scans and 1.2 billion photographs.

Even more groundbreaking, once established and stored, a person’s identity can easily be verified and authenticated using a cell phone, smart phone, tablet or any other device hooked to the internet.

The information is stored in a fortress-like data centre in Bangalore with a triple layer of security, and travels in highly encrypted packets.

Many of the radical ideas for UIDAI’s technology have come from the talent the project has drawn from the Indian diaspora – tech entrepreneurs like Bala Parthasarathy of HP-acquired photo service, Snapfish and Silicon Valley returnees like Srikanth Nadhamuni, formerly with Intel.

Mr Nilekani himself co-founded and built the multi-billion dollar outsourcing company Infosys before being drafted by the government to head the project.

The programme has studied global best practices in biometric identity databases.

Unlike the United States’ social security number, which is guessable and China’s, which adds the date of birth, India’s 12-digit identity number is randomly generated.

The United States’ visa database does not factor in iris scans while India has included them to provide a greater degree of accuracy.

India’s telecom revolution leapfrogged over several stages of technology in the past decade-and-a-half to great success. Similarly, the massive UIDAI will vault over older technologies.

“By starting on a clean slate and reconfiguring the structure, we have opened up a whole new set of possibilities,” says Mr Nilekani.

The project will stay abreast of the latest in biometrics, cloud computing and connectivity.

Pilot projects using the unique number have begun in parts of India

Costs though have been kept low, first, by adopting an open policy in selecting devices and software and encouraging multiple private vendors.

Second, the project is technology-neutral, not locking in to any particular hardware or software.

If the technology architecture is unique, so is its accuracy in validating identities.

“The combination of 10-finger biometrics, two-iris scans and photograph establishes the identity of a person with over 99.5% accuracy,” says Krishnakumar Natarajan, CEO of Bangalore-based tech outsourcing firm MindTree, which is one of the firms building applications for the project.

The best of the biometric databases in the world have a single de-duplication check, to ensure that every person is identified and tagged only once.”

via BBC News – Why India’s identity scheme is groundbreaking.

29/05/2013

Amway India snared by law against pyramid schemes

FT: “William Pinckney, chief executive of Amway India, the country’s biggest direct selling consumer goods business by sales, was released on bail on Tuesday evening after his arrest along with two fellow directors. Business leaders have been dismayed by the episode, saying it will damage investment and confidence.

It’s an odd tale that says much about the unpredictability of India’s police forces. What lies beneath is even more perplexing: the way a business regarded as entirely legitimate in the west may be viewed as an illegal pyramid scheme under Indian law.

Amway India, a wholly owned subsidiary of Amway Corporation of the US, has 1.5m agents across the country who distribute products on commission by selling door to door and who help recruit more agents like themselves. The company had revenues of Rs21.3bn ($380m) in 2011.

Amway is far from the only player. India’s direct selling industry employs some 6m people, 70 per cent of whom are women, according to the Federation of Indian Chambers of Commerce and Industry.

This week’s arrests were triggered by complaints from agents in the southern state of Kerala. They were angry after making losses on products they bought from Amway before securing customers. But Sudeep Sengupta, an Amway spokesperson, said the police were making this a case of “money circulation”, as defined under the Prize Chits & Money Circulation Scheme (Banning) Act of 1978.

The law is designed to deal with what in the west are known as pyramid schemes – fraudulent investment vehicles in which returns are paid to initial investors from the funds generated by later ones. In India, these can take the form of “chit funds” – popular and often legitimate schemes in which groups of people club together to buy products collectively, for instance, or to save money on a regular basis. But chit funds can go wrong, as demonstrated by a scandal that erupted this month in West Bengal after agents of several funds who lost money committed suicide.

Direct selling companies can fall foul of the law if their sales agents are paid for recruiting new agents (as well as earning commission for making sales). This, the thinking goes, brings them into the scope of the law because no real wealth is created in the recruiting process and the system must implode as the pool of new recruits dries up.

However, Amway and others insist that they pay their agents only when they make sales, not for getting new sales agents on board.

“We enroll distributors who are all meant to retail products. The growth of the network is not compensated for,” Sengupta told beyondbrics. “The growth of the network is only meant to expand the depth of the market and never meant as a model for compensation.”

One problem facing Amway and others is that there is no legislation that recognises direct selling as a specific type of commerce in India. The Indian Direct Selling Association, the industry’s self-regulatory body, is asking the government to change that.”

via Amway India snared by law against pyramid schemes | beyondbrics.

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