Syndicate content

India

Local content in extractive industries: a tool for economic diversification and sustainable development

Anita Marangoly George's picture
Photo by Dominic Chavez / World Bank

When you ask young people from developing countries what they want for their country, they often say opportunity. The next generation wants jobs and knowledge; they want to be connected to the global economy.

Extractive industries can foster these types of opportunities through investment in skills training and transfer of technology to local workers and companies. These technical skills are demanded in the global marketplace today and empower workers to expand their horizons and lower their risk of unemployment. 

We are discussing these issues today at a “Reconciling Trade and Local Content Development” conference we are co-hosting with the Mexican Ministry of Economy. This event aims to share knowledge on how investment in extractive industries can be leveraged to generate opportunities for economic diversification and employment.

When extractives companies include local business in their supply chain they foster sustainable growth and help end poverty. The most valuable contribution to long term sustainability comes from the ability of extractive industries to generate benefits through productive linkages with other sectors. The International Finance Corporation (IFC) helped make this happen in Barmer, India, where we supported a Skill Development Center that trained 7,000 people to work in the operations of Cairn Energy. Not only did this training create direct job opportunities for the local population, but the acquired skills fostered the creation of an entire eco-system of small and medium-size enterprises that provided products and services to the oil company and related sectors.

Eyes in the sky help track rural electrification

Kwawu Mensan Gaba's picture
Front page of nightlights.io with an overview of India.
“Nightlights.io is a path-breaking platform that will transform the way the world solves the global challenge of energy availability. The tool will help us... provide energy solutions... to people who need it most.” — Tejpreet Chopra, President and CEO of Bharat Light and Power


Electricity is integral to people’s well-being across the world. With electricity, children can study at night, women can walk home more safely on well-lit streets, and businesses can stay open well past dusk.
 
However, more than one billion people still lack access to electricity today. Governments and electric utilities around the world are mobilizing vast sums of money to close the access gap, especially in rural areas that are home to those lacking electricity.
 
So, how can we determine and identify who has electricity and who doesn’t? What if we had the technology and tools to help us see lights from space every night, for every village, in every country? We could then closely monitor progress on the ground. We could even plan and optimize policies and interventions in a different manner.

How public-private partnerships can play a constructive role in global economies in 2016

Geoffrey Keele's picture

With 2015 firmly behind us, it’s time to reflect on the past year’s global economic trends -- while looking forward at the challenges and opportunities facing countries around the world. Check out the articles below for diverse and thought-provoking perspectives on how public-private partnerships can play a constructive role in global economies throughout 2016 and beyond.   

Cash as a response to humanitarian distress

Suvojit Chattopadhyay's picture

Men thrashing grain in IndiaIn the context of the subsidies regime in India, there is an ongoing debate on the suitability of cash transfers. With the much talked about JAM trinity – the Jan Dhan zero-balance bank accounts, Aadhar and mobile phones, it certainly appears that the state-sponsored welfare system is set to see a significant shift. While this shift may well fall short of being transformative, we could still expect an improvement in how benefits are delivered with reduced leakages to recipients. The use of the JAM model to extend the welfare net and to improve its efficiency implies a decisive move towards cash transfers, and therefore, one may be closer to settling the debate, at least in terms of favoured government policy.

But the argument in favour of cash is not new. I recently came across a 1986 United Nations University WIDER paper by Amartya Sen where he elegantly outlines five arguments in favour of direct distribution of cash in times of food crises. In this paper Food, Economics and Entitlements, Sen tackles this question in the context of a famine. First, Sen demonstrates how even in contexts where aggregate food output is plentiful, the ability of the poor to acquire this food is a whole different matter. Localised food shortages and famine-like situations can arise due to various reasons – at times when the prices of staples rise sharply, or when the prices of products the poor sell fall sharply. However, this isn’t obvious to policymakers as long as they view food sufficiency through the lens of per-capita food production alone.

When famines manifest themselves, there could be multiple policy response options. Sen talks of direct food distribution as the favoured method in those times. Three decades down the line, food relief continues to be popular in times of distress, even as direct cash transfers (as described above) are gaining ground as a favoured instrument of social welfare policy. Policy responses in these times is meant to enhance the ability of those affected, to ‘acquire’ more food. Both market-based solutions that begin with greater availability of cash, and direct distribution are potential paths to this end.
 

Rediscovering the Potential of the World’s Oldest Highways - Bangladesh Waterways

Diep Nguyen-Van Houtte's picture
River crossing in Bangladesh
Boat passengers in rural Bangladesh. Photo credit: Erik Nora

When my team and I saw this boat passing by us in July 2013 in rural Bangladesh, near the border with Mizoram, Northeast India, and Myanmar, I felt immediately empathic.

How many people are on that boat? Eighty? Does it have a motor? Can those people swim, especially the women? No lifejackets! I wondered how long their trip was, and then I thought: What if they needed a bathroom break? Memories of my family's escape from Vietnam by boat in 1981 flashed back—34 refugees jammed into a traditional fishing boat normally home to a family of seven, with no motor, no life jackets, and no toilets! We floated around the South China Sea and Pacific Ocean for 16 days. Most of us could not swim, certainly not the women and girls.

What does “Good Governance” really mean in higher education?

Jessica Lee's picture
Photo: WorldSkills (under Creative Commons)


Visiting a technical institution (one that is focused on science and engineering) in India can be a mixed experience. I have been to campuses that have state-of-the-art lab equipment with dedicated staff, and I have also been to others that barely have enough textbooks in their libraries and lab equipment from the 1960s.

Regardless of the type of institution, one thing is certain – even if the buildings are brand new and WiFi abundant, without good governance practices technical institutions in India would be less able to provide good higher education services to students.

To provide some more practical advice on how to embody good governance in the higher education sector, I visited seven institutions in two different states (Maharashtra and Karnataka) to explore best practices, which are summarized below:  

Six stories show renewable energy underpins a climate-friendly future

Andy Shuai Liu's picture

Also available in: Arabic | French | Spanish


In 2015 the world saw great momentum for climate action, culminating in a historic agreement in December to cut carbon emissions and contain global warming. It was also a year of continued transformation for the energy sector. For the first time in history, a global sustainable development goal was adopted solely for energy, aiming for: access to affordable, reliable, sustainable and modern energy for all.
 
To turn this objective into reality while mitigating climate change impacts, more countries are upping their game and going further with solar, wind, geothermal and other sources of renewable energy. As we usher in 2016, these stories from around the world present a flavor of how they are leading the charge toward a climate-friendly future.  
 
 World Bank Group

1: Morocco is rising to be a “solar superpower.” On the edge of the Sahara desert, the Middle East’s top energy-importing country is building one of the world’s largest concentrated solar power plants. When fully operational, the Noor-Ouarzazate power complex will produce enough energy for more than one million Moroccans and reduce the country’s dependence on fossil fuels by 2.5 million tons of oil.

Twelve energy stories you enjoyed reading in 2015

Andy Shuai Liu's picture

What are some stories that caught your attention in 2015?
 
They are ones that focus on people, data and events tied to sustainable growth, climate action and efforts to end energy poverty.
 
As we look ahead to 2016 we’d like to recap 12 popular stories that many of you read and shared in 2015. Thank you for a year of continued and growing readership. Tell us in a comment what you’d like to hear more of in the next year.  
 

What are Schools Worth? That Depends on the General Equilibrium Effects - Guest post by Gaurav Khanna

Large-scale educational expansions represent substantial investments of public resources and benefit households by increasing education levels, and therefore productivity in the local economy. However, since they impact both individual behavior and labor markets, convincing causal estimates of their overall benefits are hard to generate.

Supporting India’s next generation of bright tech and science minds

Jessica Lee's picture
Ajay (third from right) was a Mitacs Globalink research intern at the University of Toronto.


With the Indian economy poised to be among the fastest growing economies in the world, there is great demand for world-class engineers to drive domestic value-addition, innovation and make the economy even more competitive globally. In this context, the Indian government’s Technical/Engineering Education Quality Improvement Project (TEQIP), supported by the World Bank, has been working with engineering colleges across the country to make them more responsive to a rapidly changing technical environment.


Pages