Posts tagged ‘New Delhi’

09/03/2013

* Work-Life Balance a Challenge for Indian Women

WSJ: “Yes, the number of women opting for MBAs in India is increasing. And yes, India Inc. is consistently working to hire more women, who are young, ambitious and increasingly qualified.

But can these women strike a good work-life balance?

Even though India Inc. has been encouraging a greater number of women in the workplace, that number is still low. A new study by Grant Thornton, a global accounting and advisory firm, shows that on average, women make up only 15% of the workforce in Indian companies. Globally, this figure stood at 35%. Today, only 1.8% of CEOs in India are women.

How to enhance the role of women in India Inc. was a question addressed by many of the businesswomen who gathered in New Delhi’s Habitat Center on Women’s Day, Friday.

Sunita Cherian, vice president of human resources at Wipro, speaking on the sidelines of the event, said that her company tries to meet the changing priorities of their women employees depending on their stages of life.

For instance, the company is more flexible on working hours for women after they get married, says Ms. Cherian. Wipro Ltd. is also determined to persuade women to stay in their job, even if they may be tempted to quit and rely on their partners’ incomes instead.

“This is the stage where a woman might feel that a dual-income is not a necessity,” she says.

Ms. Cherian, who has spent 17 years working at Wipro Ltd., believes that her “ambition was fuelled” by the fact that she stepped into the right organization and the right family after marriage.

Srimati Shivashankar, who is in charge of promoting greater gender diversity at HCL Technologies, says she had to work harder than others as she was climbing the corporate ladder. Cracking stereotypes like “think director, think male” was not easy, says Ms. Shivashankar.

Striking a good work-life balance is much more important for women than for men. A new global research by Accenture, a consulting firm, found that around 70% of female respondents in India said that work-life balance was key to their definition of “success” in their career, while only 40% of men felt that.

The study also found that the difficulty of balancing life and work is a key reason why women in India leave their jobs. While 24% of Indian men surveyed said they quit their jobs because of long or inflexible working hours, for women that figure was 48%.

via Work-Life Balance a Challenge for Indian Women – India Real Time – WSJ.

02/02/2013

* MNREGA can bring another green revolution: Sonia

The Hindu: “Congress president Sonia Gandhi on Saturday strongly pitched for utilising MNREGA to increase agricultural production, saying the flagship scheme can play a big role to usher in second green revolution in India.

Congress president Sonia Gandhi along with Prime Minister Manmohan Singh, during the 8th Mahatma Gandhi NREGA Divas Sammelan, in New Delhi on Saturday. Photo: V. Sudershan

“I am of the belief that MNREGA has tremendous potential to increase agriculture production, which we have not been able to tap fully till date. There are many possibilities not only for creating community assets in villages but also providing irrigation facilities to small and marginalised farmers, developing land and promoting farming.

“Manifold increase in the produce of farmers can be made by connecting this scheme with the use of modern technologies in agriculture. There is no doubt that MNREGA can play a big role in fulfilling our dreams of second green revolution,” Ms. Gandhi said at the Mahatma Gandhi National Rural Employment Guarantee Act conference in New Delhi.

Acknowledging the challenges in proper implementation of the scheme, the UPA Chairperson said, “We frequently hear complaints of corruption and misutilisation of funds in this scheme. It is very essential to put a check on this.”

The government will take steps to reduce its shortcomings through the tools of modern communication and information, she said while maintaining that it was necessary that social audits happened timely and according to norms.

In his inaugural address at the conference, Prime Minister Manmohan Singh said 30 new works have already been added to the list of works permitted under MNREGA, whose focus is by and large on providing employment in rural areas mainly through agriculture.”

via The Hindu : News / National : MNREGA can bring another green revolution: Sonia.

20/12/2012

* Amid China tensions, Southeast Asia looks to India

ASEAN nations turning to India to counter-balance China’s aggressive position on territorial disputes.

Reuters: “Southeast Asian leaders are expected to lay out a vision for closer cooperation with India on security and the economy at a high-level gathering in New Delhi at a time of tension with China in the potentially oil- and gas-rich South China Sea.

ASEANIndian flagThe meeting is a ceremonial summit to mark 20 years of cooperation with India and will not include detailed negotiations on regional issues, India’s Foreign Minister Salman Khurshid told Reuters.

But ministry officials said the leaders would also produce a statement which is expected to reiterate a commitment to freedom of navigation, a hot issue because of territorial conflicts in the South China Sea.

Some ASEAN countries contest claims by China in the waters, making it the biggest potential flashpoint in the region. The United States has called for calm, but some are also looking to India, the other regional heavyweight, to get involved.

“They want India to play a larger role. Those concerns are only increasing given the uncertain situation that is emerging,” said C. Raja Mohan, a strategic affairs expert at the Observer Research Foundation think-tank.

For India, improved relations with Southeast Asia will give it entry into one of the fastest-growing economic regions in the world and a source of raw materials needed for its own growth.

Poor there are poor transport links between India and the nations to its southeast, and constraints like India’s tiny diplomatic corps – similar in size to New Zealand’s – mean India trails China in relations with the region.

Trade between India and the 10-member ASEAN was up to $80 billion last year compared with $47 billion in 2008. An agreement on free trade in services and investment could be signed at the New Delhi meeting.

But India’s role in the region is dwarfed by that of China, which enjoyed trade worth a record $363 billion with ASEAN countries in 2011 in an already established free trade area.

“What we need is far greater connectivity,” Khurshid said in an interview with Reuters, mentioning roads, railways and flights as areas needing work. He described a 10-year plan to double the number of diplomats to reflect India’s global ambitions.”

via Amid China tensions, Southeast Asia looks to India | Reuters.

28/11/2012

* China Looks to Increase India Investments

If India allows China to invest in its under-developed infrastructure, then it will be a truly win-win situation.

WSJ: “China, already India’s largest trading partner, is looking to increase its Indian direct investment, taking a page from the playbook of other East Asian nations such as Japan and South Korea.

Zhang Ping, chairman of China’s National Development Reforms Commission, a key policymaking body, was in the Indian capital this week to hold a China-India strategic economic dialog, focused on increasing investments in each other’s countries. He was accompanied by around 200 representatives from government and corporations.

China’s official news agency Xinhua quoted Mr. Ping as saying China would “push forward cooperation in infrastructure including railway, power, telecommunications” with India.

“Economic co-operation between India and China is of relatively recent vintage and still has great potential to develop further,” said Montek Singh Ahluwalia, deputy chairman of India’s Planning Commission. He said China’s co-operation could be valuable in bridging India’s “enormous infrastructure deficit.”

Infrastructure is a particularly attractive sector for many foreign direct investors: India expects to spend $1 trillion on infrastructure over the next five years.”

via China Looks to Increase India Investments – China Real Time Report – WSJ.

20/11/2012

* China, India to hold strategic economic dialogue this month

Xinhua: “China and India will hold the second round of strategic economic talks in New Delhi on Nov. 26, a Chinese Foreign Ministry spokesperson confirmed Tuesday.

Zhang Ping, head of China’s National Development and Reform Commission, and Indian Planning Commission Deputy Chairman Montek Singh Ahluwalia will co-chair the dialogue.

At a daily press briefing, Chinese Foreign Ministry spokesperson Hua Chunying briefed reporters on the talks.

Hua said the dialogue constituted an important part of the “Year of China-India Friendship and Cooperation” activities.

The two sides will exchange views to seek broader economic cooperation and promote coordination on macroeconomic policy. They will also strenghten cooperation in areas such as investment, infrastructure, high-technology, energy-saving and energy resources.

China and India held the first round of the strategic economic dialogue in Sept. 2011.

When responding to a question on border issues, Hua said specific information of the new round of meetings between special representatives on China-India border issues will be released at an appropriate time.

China and India experienced a border conflict in 1962.

The two countries launched the mechanism of meetings between special representatives on border issues in 2003. The previous round of meetings on border issues was held in India in January.”

via China, India to hold strategic economic dialogue this month – Xinhua | English.news.cn.

28/10/2012

* Rahul Gandhi MIA

It is becoming clear to any innocent bystander that Rahul Gandhi is not interested in taking a leading role in Indian national politics. But will he be able to resist the urging from his Grandmother and the Congress |Party?  Only time will  tell.

WSJ: “The question has swirled around New Delhi for months: Is Rahul Gandhi, scion of India’s most powerful political family, finally poised to take on a major role in running the country’s government?

The answer, apparently, is no. India announced a leadership reshuffle on Sunday that brought several new faces into ministerial positions, but Mr. Gandhi wasn’t among them.

The 42-year-old, a descendant of three past prime ministers, is a general secretary in the ruling Congress party. He has long been viewed as a prime-minister-in-waiting and is widely seen as the face of the Congress party as national elections approach in 2014.

But political analysts say Mr. Gandhi may be running out of time to make himself a credible candidate by showing voters he’s willing to take on real governing duties. “If you’re projected as a prime minister candidate and you don’t take responsibility, that doesn’t say a lot about you,” said Pradip Datta, a political science professor at Delhi University. “It can be interpreted that you don’t want responsibility.””

via Rahul Gandhi MIA – India Real Time – WSJ.

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02/09/2012

* Asian giants seek better ties; China defence minister in India

The Times of India: “A rare visit to India by China’s defence minister should help avoid flare-ups along the border between the nuclear-armed Asian giants at a time when Beijing is grappling with a change of leadership and friction in the South China Sea.

Chinese Minister of National Defense General Liang Guanglie stands on a balcony overlooking the campus of the U.S. Military Academy in West Point, New York, May 10, 2012. REUTERS/Mike Segar

But General Liang Guanglie‘s trip — the first by a Chinese defence minister in eight years — also highlights growing competition between the two emerging powers as they jostle for influence and resources across Asia.

Liang is due to arrive in Mumbai on Sunday afternoon after stopping in Sri Lanka, the island nation off the south coast of India that sits on vital ocean trade routes.

There he sought to play down Indian fears that China is threading a “string of pearls” — or encircling it by financing infrastructure and military strength in neighbours stretching from Pakistan to the Maldives.

“China attaches great importance to its relations with the South Asian nations, and commits itself to forging harmonious co-existence and mutually beneficial and win-win cooperation with them,” he said in speech to Sri Lankan soldiers.

“The PLA’s (People’s Liberation Army) efforts in conducting friendly exchanges and cooperation with its counterparts in the South Asian nations are intended for maintaining regional security and stability and not targeted at any third party.”

As neighbours and emerging superpowers, India and China have a complex relationship. Trade has grown at a dizzying rate but Beijing is wary of India’s close ties to Washington and memories of a border war with China half a century ago are still fresh in New Delhi.

Despite 15 rounds of high level talks to resolve the dispute about where their Himalayan border lies, neither side is close to giving up any territory. Liang is not expected to broach the territorial issue on his trip.

Analysts say Liang’s India tour will demonstrate that Beijing is managing the often twitchy relations with its neighour just ahead of its once-in-a-decade leadership transition.”

via Asian giants seek better ties; China defence minister in India – The Times of India.

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27/08/2012

* China keen to boost mutual investments with India

The Hindu: “Calls to reshape ‘increasingly unsustainable’ trade model amid growing imbalance

China has called for a move to boost mutual investments with India as a measure to strengthen trade ties and reshape what officials have acknowledged is an increasingly unbalanced and strained business relationship, as trade talks between both countries begin in New Delhi on Monday.

The Chinese Commerce Ministry told The Hindu in a written interview ahead of the visit of Commerce Minister Chen Deming, who will lead the Chinese delegation in Monday’s talks, that the relatively strong foreign exchange reserves of both countries and an increasing desire of businesses to go overseas should drive the future of trade ties.

“There is great space for China and India to cooperate in mutual investment,” the Commerce Ministry said.

Both countries will hold the ninth round of the Joint Economic Group (JEG) dialogue in New Delhi on Monday. India’s trade deficit and Chinese concerns about the investment environment in India, particularly in the power and telecom sectors, is expected to be at the focus of the talks.

In an apparent attempt to ease concerns about strains in the trade relationship, Chinese officials have suggested a new approach. Boosting mutual investments would be one way of shifting the relationship from the current model. Trade over the past decade, which has grown from a few billion dollars to US$ 74 billion last year when China became India’s biggest trade partner, has largely been driven by Chinese appetite for Indian ores and Indian need for Chinese machinery.”

via The Hindu : News / National : China keen to boost mutual investments with India.

26/08/2012

* India coal scandal: Hundreds protest against PM Singh

BBC News: “Police in the Indian capital Delhi have baton-charged hundreds of anti-corruption protesters angered by the government’s sale of coalfields without open bidding.

An auditors’ report last week said the mis-selling cost India $33bn (£20bn).

Police also used water cannon and tear gas to turn back protesters trying to reach the house of Indian Prime Minister Manmohan Singh

Opposition calls for Mr Singh to resign have deadlocked parliament.

In the report last week, government auditors said private companies had made “windfall gains” by the allocation of coal mining rights from 2005-9 in a process that “lacked transparency”. India is one of the largest producers of coal in the world.

The main opposition Bharatiya Janata Party (BJP) says Mr Singh should quit because he was head of the coal ministry at the time of the sales.

The call has left parliament deadlocked since Tuesday. The Congress-led government insists there was no wrongdoing.”

via BBC News – India coal scandal: Hundreds protest against PM Singh.

04/08/2012

* Corruption’s Reach in India Spawns New Political Party

NY Times: “The anti-corruption activist Anna Hazare and his team said Friday that they plan to create a “political alternative” for India in the form of a new political party. While Mr. Hazare said he would not himself enter the general elections in 2014, he pledged to spend the next year and a half campaigning across the country.

Arvind Kejriwal, an activist widely believed to be the main strategist behind Mr. Hazare’s movement, said the party’s name and agenda are open to suggestions from the people.

“The movement against corruption will now take place both outside and inside Parliament,” he said in front of a crowd of thousands in New Delhi. He denounced India’s large parties, including the ruling Congress Party and the opposition Bhartiya Janata Party, calling them “corrupt.”

“It is a daring, adventurous move,” said Yogendra Yadav, a political analyst and one of the signatories of a letter encouraging Team Anna to take on the existing political establishment. But it’s not going to be easy, he said, given the scale and complexity of India’s parliamentary elections and the diversity of its electorate.

Transitioning from a single-issue movement to a political party, with positions on a broad spectrum of topics, from national security and terrorism to the economy, is likely to be a complicated process that may test the unity of the group, analysts said.

And there are few such precedents in independent India’s history. Movements in the past have successfully transformed themselves to enter the political mainstream, but they have been based on religion or ethnicity. Mayawati’s Bahujan Samaj Party, for instance, which governed India’s largest state of Uttar Pradesh for a full term of five years, started as a movement for the rights of India’s so-called “backward” classes.

It will be very tough for a non-regional, non-ethnic, non-caste group to replicate the success of Mayawati’s party with a policy issue like corruption, said E. Sridharan, a political analyst in Delhi. “Team Anna has a diffused constituency. They don’t have a ready-made, mobilizable base,” he said, attributing the movement’s rise to prominence to an urban population and a sympathetic media.”

via Corruption’s Reach in India Spawns New Political Party – NYTimes.com.

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