Word: gaps
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...population owns a car). Says Rajiv Pratap Rudy, a spokesman for the main opposition Bharatiya Janata Party: "This is an economic terror unleashed on the people of this country." Yet the government may be forced into further hikes should crude prices remain high. "There is still a large uncovered gap and the recent price rises announced will not cover that," says Rajiv Kumar, director and chief executive of the New Delhi-based Indian Council for Research on International Economic Relations...
...this great country - before it's not great anymore. The one point that really blows my mind is that the U.S. in 2006 spent $3.2 billion on energy research - nuclear, wind, coal, solar and biofuels - while the Pentagon spends that much in about 40 hours. Howard Sandt, Big Stone Gap...
...Nobody disagreed. There's wide recognition that more investment, fertilizer, better strains of seeds and better storage and transport are all essential to Africa's subsistence farmers. Yet in Africa, there's a perennial gap between knowing what needs to be done and doing it. China's venture into Africa has raised interest in business opportunities there. But many prospective investors are still put off by poor infrastructure. Several African countries, including South Africa, endure daily power cuts because of inadequate generating capacity...
...response, companies scrambled to put together codes of conduct and teams of auditors. Bigger firms either set up their own monitoring departments or hired auditing firms to check up on their overseas factories. Gap, the U.S.-based retailing giant, now has a staff of about 90 overseeing working conditions in factories that supply its clothes, and last year it conducted 4,927 inspections in 1,879 factories worldwide. Such initiatives are part of a much broader effort by Western firms to embrace the tenets of corporate social responsibility (CSR). Annual reports today glow with descriptions of companies' attempts...
...Realists now accept that the "comply-or-die" model can actually hurt workers and damage the chances of building lasting partnerships with factories. "We thought monitoring was the answer, but we've learned the hard way that it isn't," Gap's then CEO Paul Pressler conceded in 2005. "Almost no factory is in compliance with our standards." As a result, the goal for many firms is no longer perfection, but more nuanced policies and a gradual raising of standards. Traditionally, Gap pulled out of factories in which it discovered child labor. Two years ago, it revised that policy...