-The Indian Express The International Monetary Fund’s recent downgrading of the growth forecast for India from 6.2 per cent to 4.9 per cent for 2012, which came on the heels of the decline in the actual growth rate to below 5.5 per cent in the first half of 2012, has brought reforms back to the centrestage of the policy discourse. Which reforms are needed and why? India’s growth trajectory has been unique....
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No hope of a life of dignity for these bonded labourers -Bindu Shajan Perappadan
-The Hindu Patiala (Punjab): It is an illegal but accepted practice here to employ agricultural labourers and their family against a loan The blaring gurdwara loudspeakers at Punjab’s Gandav village confirmed the worst fears of Jasbir Kaur. They were announcing that the recently-widowed young woman would lose the one-room shed she calls home if she was unable to pay back the Rs. 80,000 her husband had borrowed from the village landowner. With...
More »Behind Robert Vadra’s fortune, a maze of questions -Shalini Singh
-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...
More »Who moved my poverty report? (Please save your copy fast)
Remember Arjun Sengupta Committee Report? It’s the same report which put paid to government’s shifting poverty estimates by asserting that almost 80% Indian survive on less than Rs 20 per day. Known as the National Commission for Enterprises in the Unorganized Sector (NCEUS), the report has gone missing from the public domain. The official website of NCEUS is no more working: http://nceus.gov.in, raising doubts regarding someone, somewhere trying to hide...
More »Dalits see smallest rise in wages -Sidhartha
-The Times of India Dalits have once again lost out, this time on wages in rural areas. A first-of-its-kind data released by the Reserve Bank of India(RBI) has revealed that during the last eight years - between April, 2004 and March, 2012 - the daily wages of cobblers in rural areas rose by 95%, the worst show among the 17 categories listed by the government's Labour Bureau. The all-India data compiled...
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