Current National and International Affairs & Business News [December 2011] for Civil Services exam (CSAT), Bank PO, Bank Clerk, NDA, CDS, MBA, etc. exams
RBI unveils draft Basel III norms.
Lokpal Bill passed by Lok Sabha; Rajya Sabha leaves it in limbo.
Whistleblowers’ Protection Bill.
Citizens’ Charter Bill.
Union Cabinet clears Food Bill.
India’s infant mortality rate down.
Visit of Prime Minister of Japan.
Prime Minister Manmohan Singh’s visit to Russia.
UPA government approves 4.5% minorities quota within OBC pie.
North Korean leader Kim Jong-Il dead.
Canada becomes first country to pull out of Kyoto protocol.
UN climate meet approves roadmap for 2015 deal.
West signals enduring support for Afghanistan at Bonn Conference.
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Each age has its pin-pointed passions and pursuits. If the eighteenth century heralded the revolutionary march towards ‘liberty, equality and fraternity’, the nineteenth and twentieth centuries made spectacular strides in science and technology and waged a relentless war against hunger and disease.
The twentieth century witnessed the gradual demise of colonialism, as also the sudden collapse of communism, and thus ushered in the dawn of freedom for many an Asian and African country, along with the sweet-bitter dose of market economy or globalisation. In order to feed the fires of crass consumerism and commercialisation of concepts, excessive exploration and exploitation of both human and natural resources became the hallmarks of the closing years of the twentieth century. Standing at the threshold of the new millennium, one can foresee the triumphant trinity-Information Technology, Communication Revolution and Entertainment Extravaganza, calling the shots and ruling the roost.
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Economic Development and Environment [For Civil services Mains Exam, Descriptive Questions Bank Exams etc.]
Economic development without environmental considerations can cause serious environmental damage, in turn impairing the quality of life of present and future generations. Such environmental degradation imposes a cost on the society and needs to be explicitly factored into economic planning, with necessary remedial measures incorporated. The challenge of sustainable development thus requires integration of the country’s quest for economic development with its environmental concerns.
Environment management in India has, over the years, recognized these sustainable development concerns. The National Environment Policy 2006 has attempted to mainstream environmental concerns in all our developmental activities. It underlines that “while conservation of environmental resources is necessary to secure livelihoods and well being of all, the most secure basis for conservation is to ensure that people dependent on particular resources obtain better livelihoods from the fact of conservation, than from degradation of the resource”.
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Corporate Social Responsibility – Essay for Civil Services Exam, MBA exams, Interviews, Bank PO recruitment etc.
There is an impressive history associated with the evolution of the concept and definition of Corporate Social Responsibility (CSR). Definitions expanded during the 1960s and proliferated during the 1970s. In the 1980s, there were fewer new definitions, more empirical research, and alternative themes began to mature. These alternative themes included corporate social performance (CSP), stakeholder theory, and business ethics theory.
One of the most frequently asked questions is the obvious—just what does “Corporate Social Responsibility” mean? Different organisations have framed different definitions, although there is considerable common ground between them. One common and very appropriate definition is that CSR is about how companies manage the business processes to produce an overall positive impact on society.
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