The country’s economic growth is expected to remain strong despite sluggishness in the manufacturing sector as a rebound in agricultural output is expected to support overall growth. Growth in the key farm sector, which accounts for nearly 17% of the nation’s GDP, has been a concern for policymakers for the past few quarters. But, healthy monsoon has raised expectations of strong farm output during July-September 2010. In addition, the arrival of...

The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...

At least 29 of the 66 migrants crushed to death in east Delhi when a building collapsed on Monday night hailed from Bengal. The figure signposts the exodus of an abandoned generation and the inability of a state to retain its young or equip them for a better life elsewhere. The death of so many Bengalis has brought out in the open troubling issues that policymakers — both in the state...

The mass migration of farmers moving to urban India is becoming a worrisome trend, said planners at a seminar in the Indian Capital. “Many peasants want to leave agriculture, sell land and migrate to cities,” Arvind Mayaram, Additional Secretary and financial advisor to the Ministry of Rural Development told the India Economic Summit of the World Economic Forum on Monday. Seventy per cent of India’s 1.1 billion people currently live in villages,...

In most countries, unemployment is a clean-cut, easily understandable — and identifiable — problem. In India, it’s not that simple. The complexity of our economy, the barbed-wire fence of restrictions that surround our “organised” sector, the tendency towards seasonal work, and the networks of caste, clan and kinship that still govern employment in many parts make answering the simple question “How many of India’s workers are unemployed?” very difficult indeed. The labour ministry...