Navigation Links
Fresh Water, HIV Biggest of India's Six Challenges: Chidambaram

New Delhi: Admitting that India faced six major risks - HIV/AIDS and depleting freshwater supplies to name just two - Finance Minister P. Chidambaram declared at the India// Economic Summit here Sunday there was no need for alarm as solutions were on hand to overcome the challenges.

"Every risk is an opportunity for innovation and change. It gives the impetus for technological change, an opportunity to move ahead at a swifter pace," Chidambaram contended before the packed audience.

"Many of the six risks are manageable with technologies we already possesses. The others can be managed by technologies we can acquire over the next 10-20 years," he added.

The six risks as enunciated by the industry lobby Confederation of Indian Industry (CII) and Global Risk Network, an arm of the World Economic Forum, are:

* Loss of freshwater (quantity and quality) - Is India running out of freshwater services?

* Oil peaks - How vulnerable is India to an oil price shock? What oil price level would risk derailing India's growth?

* Economic impact of demographics - India is facing a demographic dividend. Might it turn into a demographic liability?

* Globalisation versus protectionism - What happens if there is a backlash or retrenchment from globalisation?

* Climate change, the environment and challenges to Indian growth - Can India balance the complex trade-offs between the environment and growth?

* HIV/AIDS and TB - What will it take to combat the spread of HIV and TB? What if India fails?

Of these, Chidambaram termed the spread of HIV as the "greatest risk" as it had the "frightening propensity to get out of hand".

"We have been ducking the issue. We have to be more open on the issue of safe sex. Once we take this head on, we will be able to contain the spread of HIV/AIDS," he added.

Accusing the previous Bharatiya Janata Party (BJP ) government of being in a "denial mode" on the issue, the minister contended he had focused on this in his first budget speech after the Congress came to power in 2004 and that he would again do so while presenting the budget for 2007-08 in February.

Terming the water issue as a "grave challenge", Chidambaram advocated tapping India's 7,000-km coastline for desalinating water, as also for recycling water and more efficient irrigation practices.

As for energy supplies, he contended that India would have to "depend on the world" till it made additional discoveries at home.

On the issue of globalisation, he did not foresee any "backlash", saying democracy was a "great benefit and weapon against protectionism.

On climate change, Chidambaram's contention was that "we don't contribute as much" as the developed world.

Supporting India's refusal to sign the Kyoto Protocol, he compared the per capita consumptions of this country and the US to buttress his argument.

"The world should ask us to sign the protocol only when they give us access to resources like clean coal and uranium. Only then will we sign, which I cannot see happening before 2012," the minister maintained.

Speaking on the demographic issue, the minister described this as "an opportunity" as India's number of young people will continue to grow till 2040 and possibly 2050 before it begins to decline.

Then he added a rider: "We have to provide them adequate education to ensure they get meaningful work and contribute to India's economic growth."

Source-IANS
'"/>




Related medicine news :

1. Fresh approach to TB treatment
2. Fresh warnings to doctors regarding abortion pill
3. Fresh Cases of Bird-Flu Prepares the Ground for More Chicken Martyrs
4. Fresh Bird Flu Cases Spotted In Southern Russia
5. Pakistan Scared By Fresh Bird Flu Case
6. Fresh Polio Cases Reported In Uttar Pradesh
7. Nothing Can Equate Fresh Vegetables and Fruits
8. Fresh Outbreak Of Bird Flu In Nigeria
9. Foreign Fresher Students Offered Scholarship By Fudan
10. Fresh bird flu vaccines made in China
11. Freshness Dating? Researchers Express Doubts
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:8/18/2017)... ... August 18, 2017 , ... ... specialized asset-light logistics provider of complex transport solutions for mission-critical and non-discretionary ... Unitrans International Corporation, a division of Roadrunner Transportation Systems, Inc. (NYSE: RRTS). ...
(Date:8/18/2017)... ... August 18, 2017 , ... ... devices. Through an educational webinar, they will present the line of epMotion automated ... learn how easy you can automate everyday pipetting tasks. , Ideal for scientists ...
(Date:8/18/2017)... Woodlands, TX (PRWEB) , ... August 18, 2017 ... ... protection assistance and financial planning services to communities in east Texas, is launching ... Pediatric Brain Tumor Foundation. , Founded in 1991, the Pediatric Brain Tumor Foundation ...
(Date:8/18/2017)... (PRWEB) , ... August 18, 2017 , ... The Golseth ... in the Dallas/Fort Worth area, is spearheading a regional charity campaign organized to provide ... , In early June of this year, Christina and her children returned from out ...
(Date:8/18/2017)... ... August 18, 2017 , ... Alcovit, a lime-flavored beverage that rids the body ... with its product now available through Jet.com. , After 25 years of development, ... drink is designed to quickly detox the body thereby avoiding alcohol-induced hangovers. Whether you’re ...
Breaking Medicine News(10 mins):
(Date:8/7/2017)...  Endo International plc (NASDAQ: ENDP ) ... all known U.S. mesh product liability claims and that ... remaining U.S. claims at reasonable values. Under the agreements, ... quarter of 2017 and continuing through the fourth quarter ... results, the Company intends to increase its mesh product ...
(Date:8/2/2017)... AROMAS, Calif. , Aug. 2, 2017 /PRNewswire/ ... by Continental Who,s Who as a Pinnacle Lifetime ... currently the Key Account Manager at Turing Pharmaceuticals, ... communications, negotiations, troubleshooting and relationship building.                ... has more than 25 years of experience ...
(Date:8/1/2017)... Aug. 1, 2017   CerSci Therapeutics , a ... Texas , has received notice from the National ... of Health (NIH) that it has been awarded a ... over $650,000 in 2017 with an additional $1,000,000 to ... New Drug application of their lead non-opioid drug candidate ...
Breaking Medicine Technology: