The Vice President of India, Shri M. Venkaiah Naidu
has called upon social science researchers to come up with innovative and
out-of-box solutions to address various problems confronting the world from
eradicating poverty to achieving sustainable development.
Speaking at the Golden Jubilee Celebrations of the
Indian Council of Social Science Research (ICSSR), the Vice President said
the objective of every research outcome should be to better the lives of the
people. The upliftment of the poor should be the goal of social science
research. As such, any research would be incomplete if the researcher failed
to spend time in the field and with the people.
Urging social science researchers to find solutions to
societal problems, the Vice President he stressed the need for inclusive
development, reaching the unreached and funding the unfunded. Achieving
sustainable developmental goals, taking care of the health of the
population, alleviating poverty, mitigating the urban-rural divide and the
challenges faced by the agriculture require a fresh and practical approach,
Stating that tight boundaries between various
disciplines have almost disappeared, the Vice President said that today’s
researchers cannot confine themselves to compartmentalized silos and must
have a basic understanding of other related disciplines. For example,
health, education and environment cannot be confined to particular
disciplines, he added.
Referring to the emerging areas in bio-technology,
genetic engineering, biodiversity, new materials, micro-machines and others,
Shri Naidu said social science research should strengthen the data base of
policy makers and provide them with evidence-based inputs for policy
improvement and implementation.
Commerce Secretary, Dr.AnupWadhawan, welcomed senior
officials of participating delegations from Developing and Least Developed
Countries (LDCs) who are meeting in New Delhi over two days to discuss key
issues and challenges facing the multi-lateral trading system.
Speaking at the inaugural session, Commerce Secretary
said that the existential challenges to the multilateral rules based trading
system are manifestina spate of unilateral measures and counter measures,
deadlock in key areas of negotiations and the impasse in the Appellate Body.
The logjam in the Appellate Body is a serious threat
to the dispute settlement mechanism of the WTO and the implementation
function of the Organization. The fundamentals of the system are being
tested through a tide of protectionism around the world vitiating the global
economic environment. The situation does not bode well for developing
countries, including the LDCs.
The harm that the institutional failure due to the
collapse of the Appellate Body will cause will be felt more in Developing
Countries including LDCs who need the protection of the rules based system
more than developed countries. There is an urgent need to engage
constructively to preserve the system and come up with constructive
solutions to the problem.
India believes that developing countries need to work
together to protect their interests in the WTO negotiations through
preservation of the core fundamental principles of the WTO. The two-day meet
gives an opportunity to the participating countries of developing a shared
WTO reform proposal on issues of priority and interest for developing
countries. This will help in building a common narrative on issues of
importance for Developing Countries including LDCs.
Retail inflation quickened to a six-month high of
2.92% in April, driven in large part by accelerating food and fuel
inflation, according to official data released on Monday.
Growth in the consumer price index (CPI) quickened in
April from 2.86% in March.
Within the index, growth in the food and beverages
segment accelerated to 1.38% in April compared with 0.66% in March.
Similarly, the fuel and light segment saw inflation quickening to 2.56% from
2.34% over the same period.
“Moreover, food inflation continued to rise with
sustained upward momentum in fruits and vegetables. We expect this trend to
continue over the summer months.”
Inflation in the pan, tobacco and intoxicants eased to
4.27% in April from 4.61% in March. Similarly, the clothing and footwear
segment saw inflation slowing to 2.01% from 2.52% over the same period.
The housing segment saw inflation slowing to 4.76% in
April from 4.93% in March.
“Based on this reading and the slowdown visible in
industrial production, we maintain our call of another rate cut in the
August policy, with the action being dependent on realised outcomes of
monsoons and trajectory of oil prices,” Mr. Prasanna added.