Indian schoolgirls attend a rally calling for the end of female foeticide. Unicef says the country is short of as many as 50 million females because of sex discrimination.
Indian schoolgirls attend a rally calling for the end of female foeticide. Unicef says the country is short of as many as 50 million females because of sex discrimination.
Indian schoolgirls attend a rally calling for the end of female foeticide. Unicef says the country is short of as many as 50 million females because of sex discrimination.
Indian schoolgirls attend a rally calling for the end of female foeticide. Unicef says the country is short of as many as 50 million females because of sex discrimination.

Female foeticide continues in India as new law falters


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Kolkata // The discovery of 15 aborted foetuses and dead newborn children in a rubbish dump is being described by activists as a sign of the Indian government's refusal to enforce its laws against sex-selective abortion.

Describing the incident last month in Ahmedabad, the capital of Gujarat state, as "just the tip of the iceberg", Puneet Bedi, a Delhi-based obstetrician and gender-rights activist, said Indian authorities are not serious about curbing the practice of killing female children and foetuses. "It is illegal in India for a doctor to tell parents the gender of their unborn child, or to abort it on the grounds of sex. But rarely do we see one getting prosecuted for this crime," said Dr Bedi.

Last month in Ahmedabad, passers-by spotted an apparently dead newborn baby being pulled out of a pile of rubbish by stray dogs at a street-side waste disposal site. From the spot police soon recovered the remains of eight aborted foetuses and seven newborn babies hidden inside the rubbish. An initial investigation found that they had been secretly dumped by a private hospital in the city, in a grisly case that highlights the persistence of foeticide and infanticide.

As a medical examination soon revealed, more than three-quarters of the foetuses were female and the state's health department ordered a detailed probe into the incident. Determining the sex of an unborn child was banned in India in 1994 and the practice of female foeticide went mostly underground, but it continues to be a booming business for medical professionals who perform these operations illegally.

After the 2001 census illustrated the horrifying reality and prevalence of foeticide in the country, pressure from rights groups forced the government to develop initiatives to alleviate the crisis. These included giving cash incentives to parents to raise female children and conducting campaigns to make people aware of the future societal crises such a skewed sex ratio would create. But such efforts have not been enough. Last year, a study by ActionAid, a global antipoverty agency based in Johannesburg, found that the gender gap in some parts of Punjab had increased to 300 girls per 1,000 boys - a scenario worse than that revealed in the 2001 census. ActionAid carried out the survey in five states and in all states it found that the proportion of girls to boys had fallen further.

Unicef says India is short of up to 50 million females due to systematic sex discrimination. The skewing of the sex ratio in favour of males has resulted in a scarcity of brides in northern and western India, where the female foeticide rate has been highest. In these areas, men are buying brides from other, more impoverished areas of the country. Campaigners against sex selection believe that societal attitudes change too slowly and only a stricter enforcement of laws can ensure that fewer female foetuses and babies are killed in the short-term.

"Foeticide was invented, touted and sold by the medical profession, and it operates with the complete consent of all factors of our society. So, you can kill a daughter and get away with this crime," said Dr Bedi, adding that any effort to educate the parents of the value of a girl child would not be of any help at this point. "We do not have the time to play around with these chocolates and ice-cream solutions. We have to do something more serious. All agencies must immediately join hands and launch a stricter crackdown so that no medical professional in this murderous practice can escape. There's a genocide on."

India's patriarchal society emphasises the need for male heirs and a son is considered an extra pair of hands to earn income for the family. On the other hand, girls are viewed as economic and social burdens as they will eventually marry and leave home with the bride's family having to pay a large dowry. "Grooming a girl," an Indian maxim says, "is like watering a neighbour's garden." "For hundreds of years in many regions of India communities have indulged in female infanticide, either by throttling, poisoning or killing newborn female babies by overdose of opium," said Amarjit Singh, a Punjab-based activist with the non-governmental organisation Voluntary Health Association of India.

But the rate of disappearance of girls shot up when sex determination facilities arrived in the market in the late 1970s and the practice of female foeticide began in earnest, Dr Bedi said. However, it was not until the beginning of this century that the staggering scale of the problem, and how badly the sex ratio was getting skewed, became clear. The last national census, in 2001, revealed that the overall birth rate for India was 927 girls per thousand boys, a steady decline from 945 girls per thousand boys in 1991 and 962 in 1981.

In one of the richest north Indian states, Punjab, the census found that 793 girls were born per thousand boys, which was the worst ratio for female children in the world. In 2006, the National Family Health Survey reported that the child sex ratio in Punjab had fallen to 776. @Email:foreign.desk@thenational.ae

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2pm, UAE Conference final

Dubai Tigers v Al Ain Amblers

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Abu Dhabi Harlequins v Jebel Ali Dragons

What is Diwali?

The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.

According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.

In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.  

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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UAE currency: the story behind the money in your pockets
In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site