Monday, June 29, 2009
Juvenile Justice & Child Protection: Case of India
Sunday, June 21, 2009
Biofuels and Food Security Concerns!*
The increasing use of food and feed crops for fuel is altering the fundamental economic dynamics that have governed global agricultural markets for the past century. Investments in crop-based biofuels production are rising steadily as countries seek substitutes for high-priced petroleum products, GHG-emitting fossil fuels, and energy supplies originating from politically unstable countries.
At the global level, the current interest in biofuels is mainly seen in the context of industrial production operating within the framework of an international market governed by globalization rules. Two trends have emerged from the biofuels scene. On the one hand, fossil fuel-importing nations who are seeking an immediate solution to reduce their growing energy expenditures, and on the other hand, countries which are currently-or are interested in becoming-biofuels exporters, are attempting to position themselves strategically within the global energy market. This reflects the great hope for biofuels as key in overcoming the energy crisis, promoting alternative energy, and reducing global warming and its consequences. The industrial scale production of biofuels practiced to date has focused primarily on the conversion of crops such as sugarcane, corn, soyabean etc. as a fuel base. This first generation of biofuels remains contested and is currently the source of a heated debate on the threat that energy security poses to food security.
The former Finance Minister of India, Mr. Chidambaram, while addressing an academic gathering in Singapore observed (2008), that in a ‘climate of food insecurity’ it is ‘outrageous’ that developed countries are turning food crops into biofuels. He said that countries like US were doing so (it is expected that 20% of the corn produced in US goes to making biofuels) while the world’s poor are struggling with surging food prices; and using corn and other crops for fuel is a sign of ‘lopsided priorities’. This reflects the growing divisions between nations on the issue of food security implications of biofuels crops.
*Selected excerpts from one of my earlier Articles!
Saturday, June 13, 2009
Tapping North-East Potential for India's enhanced Trade Relations with ASEAN
India's North-East, also known as the land of the seven sisters, comprises the States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. All the North-Eastern Indian States have distinct advantages, and provide immense economic and trade opportunities to domestic and international corporates. The region shares borders with
Unlike the rest of India, North-East India has an added demographic advantage, in the sense that it account for7.8 per cent of the country’s total land space but has a population of 3.8 crore, which makes it approximately 3.73 per cent of the country’s population. The region is known for its ethnic, linguistic, cultural, religious and physiographical diversity. North East India Tourism is another potential high growth industry. North-East India is often described as the Gateway to
However, as pointed earlier, despite these great advantages, the North-East has not grown at par with the rest of the country, and the region’s potential has not been tapped properly. Various significant initiatives have been taken by the Government of India to promote economic growth, tourism and development in the North-East region in the recent past. The crucial role played by the infrastructure-related issues like shortage of power generation capacity, over-dependence on hydro-power, absence of proper road connectivity, etc., are crucial for the overall development of the region to its true potential.
If given proper implementation, Indian government’s North East strategy could result in making North East an important site for
Friday, June 12, 2009
Importance of Corporate Governance in the Globalised World
Corporate governance is a term which broadly refers to the rules, processes, or laws by which businesses are operated, regulated and controlled. Corporate governance encompasses internal factors, defined by the officers, stockholders or constitution of a corporation, as well as external factors such as consumer groups, clients and government regulations.
Globalisation involves a rapid movement of the four elements of economy across the national borders. These are physical capital in terms of plant and machinery, financial capital as invested in capital markets, technology and labour. In a situation like this, when investment takes place from one country to another, the investor want to ensure that the management of the companies they invests in, are competent and professional, and also that these companies do not indulge in any unethical and illegal acts, which ultimately might harm their long-term interest and the enterprise itself.
Since the corporations are the major economic agents and their activities determine the level of output and growth of the economy and they have the freedom to act according to the often volatile market trends, they must conduct themselves in a manner that produces synergy for all other agents in the economy. This need would not have been more urgent than today, when the world is passing through a severe financial crisis, impacting and putting halts to the global economic output, and affecting almost every nation in one way or the other.
Of late, there has been increasing pressure from institutional investors and securities analysts for much greater disclosure of financial data and corporate strategy, plus improvements in shareholder value (e.g. buybacks, dividends) and the emergence of shareholder engagement and activism has put a greater stress on corporate governance of companies. As such, corporate governance needs to be re-formulated in resonance with emerging needs for greater engagement being sought from corporate sector in the sustainable development of a country. It has to be engineered towards larger involvement through effective and purposeful engagement by the corporate sector to create and environment, both within and outside their domain of work and ethics. New corporate governance strategies should be designed as partnerships for not only financial profits, but also social and environmental profits.
Thursday, June 11, 2009
Competition Law & Policy: Indian Context
Friday, June 5, 2009
Child Rights Advocacy in India
'Nitharis’ will happen until child rights become the focus of national policy. Lasting change for children can only occur when child rights in their entirety become the focus of national policy, and proper decision-making replaces the platitudes mouthed for short-term political gain. Caste, gender and communalism, in particular, are at the root of most of the deprivation we encounter in our work. The feudal nexus between the wealthy and powerful and the State in all its forms prevents real change from becoming a reality. Overall, the child’s right to survival depends on many factors in Indian Society, viz. maternal health is a key determinant of infant health, female foeticide and infanticide, malnutrition, and the availability and quality of healthcare services. The government services offered under the Integrated Child Development Scheme (ICDS) and Primary Healthcare Centres (PHCs) are in a poor state.
There have been many initiatives from different quarters like the civil society, national governments and international organizations towards recognizing the rights of children. Much of these initiatives are also being related to the struggle of different sections of people for defending particular aspects of human rights within their own context. The Government of
*Excerpts from my Paper presented at the International Seminar on Human Rights: Reporting and Tools for Effective Actions held in Mumbai, India during April 29 - May 1, 2009.