Issue: January 2017
 
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Cover Story 
The Indian subcontinent is among the world’s most disaster-prone areas. As per the current seismic zone map of the country, over 59 per cent of India’s ...
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Lead Article

The lead article by Kiren Rijiju, Union Minister of State for Home Affairs discusses the Sendai Framework on disaster risk reduction and the initiatives taken by the government of India to implement the Framework ....

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Articles
  Managining Risks of Disasters for Sustainable Development by P.G. Dhar Chakrabarti
  The second lead article by P.G. Dhar Chakrabarti explains the link between disasters and development
  Managing Disaster Risk by Santosh Kumar
  The focus article of the issue is by Santosh Kumar, Executive Director, National Institute of Disaster Management.
  Training and Capacity Building by R.K. Jain and V. Thirupphugazh
  This article by Member NDMA and Senior Advisor, UNDP-National Reconstruction Authority, Nepal
  Role and Importance of Immediate Trauma Care by Amit Gupta and Mahesh C. Misra
  The focThe special article by Drs Amit Gupta and Mahesh C. Misra discusses the critical nature of immediate
Economic Paradigms and Democracy in the Age of Financial Globalization
Srinivas Raghavendra

Whether or not there exists a standard definition of the term Globalization, there is a broad agreement with the fact that the process of Globalization has had and continues to have profound impact on various aspects of human life. Globalization is not a new phenomenon for it has been a long-term gradual process of change, which affects every aspect of human life and being affected by the human enterprise, since the days of Columbus, and yet at the same time it is irregularly punctuated by episodes of dramatic change. Ever since the Columbian voyage initiated the process of intermingling of the continents of Europe and the Americas, Globalization has been influencing and reshaping every part of the world in all aspects of human life – social, cultural, economic, political, biological and ecological aspects. In the recent past, there were two intense periods where the process of globalization induced dramatic changes across the world. The first wave happened in the late nineteenth century up to the First World War, which was characterized by extensive trade networks across various continents under European Colonialism. The second wave happened in the twentieth century, starting from the 1980s to the present day, characterized as free market Capitalism led by the phenomenal development of the financial markets, and called as the financialization phase of Globalization or simply Financial Globalization.

 
 
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Do you know? : What is Forensic Auditing
Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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