News - Government

Taking Care of Senior Citizens

By Vidya Bhushan Arora
Deputy Director (M & C), Press Information Bureau, New Delhi
(With inputs from the Ministry of Social Justice & Empowerment and UN Websites)

New Delhi, Sept 29, 2010 (Washington Bangla Radio USA / PIB India) We are living in an ageing world. Over the past few years, the world’s population has witnessed a growth in the number and proportion of older persons. According to a UN paper, such a rapid, large and ubiquitous growth has never been seen in the history of civilization. The World Health Orgnization (WHO) has projected that world-wide, there are around 600 million persons aged 60 years and over; this total will double by 2025 and will reach virtually two billion by 2050 - the vast majority of them in the developing world.


Mahatma Gandhi – a Protagonist of Peace

By Nirendra Dev
Special Representative with ‘The Statesman’ in New Delhi

New Delhi, Sept 29, 2010 (Washington Bangla Radio USA / PIB India) The second day of the month of October presents yet another occasion to a grateful Nation to recall the teachings of the Father of the Nation, Mahatma Gandhi. The advent of Mohandas Karamchand Gandhi on the Indian political horizon posed enough reasons to excite as well as attract hundreds of Indians towards him and – more towards his ideology, which later came to be called the Gandhian Philosophy.  It is indeed amazing that the personality of Gandhiji gripped the imagination of millions of his countrymen and in later stage an overwhelming number the world over.


Asian Development Bank offers Investment opportunity via their First Clean Energy Bond

MANILA, PHILIPPINES, Sep 29, 2010 (Washington Bangla Radio) - The Asian Development Bank (ADB) has sold $232.2 million in Clean Energy Bonds to support its renewable energy and energy efficiency projects in Asia and the Pacific.

ADB’s inaugural Clean Energy Bond issue follows the successful sale in April of its first Water Bond which is supporting ADB’s work in the water sector in Asia and the Pacific.

Union Finance Minister of India Pranab Mukherjee Releases the First Budget Manual of Union Government: Full Text of the speech

CALCUTTA, India, Sept 28, 2010 (Washington Bangla Radio / PIB) Union Finance Minister Shri Pranab Mukherjee released the first Budget Manual of the Union Government, here today. Releasing the Manual, the Finance Minister said that the Union Budget has evolved over the past six decades to reflect the strength of India’s democratic processes in shaping its economy, and has emerged as a crucial tool for Public Finance Management. He said that this Manual is an attempt to bring together the entire Budget related activities and procedures etc. which were hitherto available in a dispersed manner in the form of executive instructions and guidelines . The Manual has been prepared by the Budget Division of the Department of Economic Affairs. Finance Minister Shri Mukherjee congratulated the Division for taking this initiative.


Prime Minister Dr. Manmohan Singh releases From Green to Evergreen Revolution by Dr. M. S. Swaminathan

CALCUTTA, India (Washington Bangla Radio / PIB) The Prime Minister, Dr. Manmohan Singh released Dr. M. S. Swaminathan’s book “From Green to Evergreen Revolution – Indian Agriculture : Performance and Challenges” in New Delhi today. Following is the text of the Prime Minister’s address on the occasion:

“It gives me great pleasure to be present in this function to release Dr. M.S. Swaminathan’s book “From Green to Evergreen Revolution – Indian Agriculture: Performance and Challenges”.


Strong Growth Outlook for CHINA confirmed by ADB

HONG KONG, CHINA, Sep 28, 2010 (Washington Bangla Radio) - The resurgent People’s Republic of China’s (PRC) economy remains on track to grow 9.6% this year, and 9.1% in 2011, but policymakers will need to boost domestic consumption to make growth more sustainable and inclusive in the long term, says the Asian Development Bank (ADB) in a major new report.

The Asian Development Outlook 2010 Update (ADO Update), released today, left growth forecasts for the PRC in 2010 and 2011 unchanged from ADB’s projections in April. It noted that next year’s mild pullback in growth reflects an expected phase out of stimulus measures adopted in the wake of the global economic crisis, and more subdued industrial output.

India to Grow 8.5% in FY2010, High Inflation, Rising Rupee Pose Threats - ADB

HONG KONG, CHINA (Washington Bangla Radio) - India’s economy is set to expand by 8.5% in the fiscal year to March 2011 (FY2010) but persistently high inflation and a rising rupee could undermine future strong growth, says the Asian Development Bank (ADB) in a major new report.


Philippines 2010 Growth Outlook Upgraded on First-Half Surge

MANILA, PHILIPPINES (Washington Bangla Radio / ADB)  - A strong and broad-based recovery during the first six months of this year will ensure the Philippines records solid growth for 2010, despite an expected moderation in the economic outlook for the next six months, the Asian Development Bank (ADB) says in a new major report.


Identifying Investment Bubbles in China - Poised for Global Dominance or Economic Implosion ?

New York, NY, Sept 25, 2010 (Washington Bangla Radio) Golden Networking will feature at 2nd China Leaders Forum, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?" (http://www.ChinaLeadersForum.com), October 6th, New York City, a panel of experts on "Private Equity and Venture Capital Investment Opportunities in China". 2nd China Leaders Forum will examine potential obstacles to foreign investment, how to sustain economic growth after 30 years where average annual GDP growth rate was over 9.5%, as well as the threats and opportunities posed by the world’s biggest economy by 2020, according to the World Bank.



vital issue of UFO incursions at U.S. nuclear weapons sites over past six decades: conference National Press Club Washington DC

By James Carlson, Albuquerque, NM

National Press Club review of UFO interest in nukes scheduled for 27 Sept 2010

Recent internet and and other media advertisements announcing a September 27, 2010 press conference to be held at the National Press Club, Washington, DC intended to address "the vital issue of UFO incursions at U.S. nuclear weapons sites over the past six decades" (please see http://www.ufohastings.com/PressPage.html) have forced us to take countering steps to halt this pathetic joke on an apparently credulous American public. One reason for this is the unfortunate fact that during a period of financial insecurity for most of America, the individuals organizing this discussion -- Robert Salas, co-author of "Faded Giant", and Robert Hastings, author of "UFOs and Nukes" -- intend to pay for this farce utilizing the donations of other Americans. Some of us think that's a crime, especially in light of the fact that numerous witnesses to what has since been described as "one of the top ten UFO cases best supported by the evidence" -- the incident supposedly analyzed in the book "Faded Giant", and set as a primary point of discussion for the announced conference -- have come forward repeatedly to assert very convincingly that no such interference by UFOs ever occurred. It is our intention to present the actual facts of this particular case to varied members of the national press establishment in order to ensure that at least somebody at this conference is prepared well enough to ask the participants the necessary hard questions so the whole press conference doesn't turn into a pile of otherwise insignificant fluff intended to stoke civil demands for full disclosure of classified materials discussing such incidents. Most of us are convinced that such people should not have any voice whatsoever regarding the disposition of any classified materials maintained by the Department of Defense, and believe that political and military agendas of this sort should not hinge on the lies of men who make a respectable wage by needlessly frightening as many people as possible; they generate paranoia for money. A firm belief that there are plenty of confirmed and tangible characteristics of modern life that we actually should be paranoid about, coupled with strong proof that this conference is based primarily on easily disputed arguments and undeniable lies that have no basis in historical values or facts is the point of this communication. If these men are going to hold a press conference, the press should be prepared to ask appropriate questions of them.


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