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June 26, 2008 | | Poverty: Politics should interact with policy Redistribution of economic and political power, inclusion of rural areas and the rural poor in development, enhancing access to resources and employment in rural areas, focus on non-farm rural activities, education and training activities and agrarian reform continue to be important areas for public policy. In Asia in general, and in India in particular, poverty has a rural face. Rural development and poverty alleviation are thus two sides of the same coin.
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June 03, 2008 | | Is futures trading a form of gambling? Trading in commodity futures -- basically an arena of stock market players -- may have started with economic objectives such as price discovery and price risk management, but, of late, has become an important part of investment portfolio promising quick and attractive returns. In fact, stock marketing and futures trading are the main instruments of speculation in the capitalist economy in which the capital is invested and reinvested with a sole purpose of making a profit.
Global warming: Make sun the first accused! Brian Bloom, the author of <i>Beyond Neanderthal</I>, which looks broadly at the causes and impact of climate change, says that it could be a mistaken premise. C02 emissions may be exacerbating the global rise in temperatures rather than causing it.
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June 02, 2008 | | China commodity futures grows 88%, India's 10% China trading volumes rose due to active trading of farm products, including sugar, soybean, corn, zinc. Trading volume hit 5 trillion yuan ($714 billion), representing an increase of 88 per cent over the same period last year, according to figures released here by the China Futures Association.
Big players plan commodity exchanges in India The Indian government recently had banned futures trading in a few commodities. But this has not dampened major companies to eye futures trading in commodities.
Textiles: A decisive part of Indian economy In the face of testing global conditions, the Ministry of Textiles has stayed the course by introducing timely policy changes and innovative programmes aimed at spurring growth and development across the organised and unorganised sectors of the industry.
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