Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...
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UP is home to people with dangerously wide gaps in skills, income and caste by Saurabh Johri
If Uttar Pradesh was to be declared a separate country today, it would be the sixth-largest nation. With a total population at par with Brazil, population density comparable to that of the UK and per-capita income similar to Kenya's, it indicates the paradox of its citizen occupying the same space as his Latin and UK counterparts, yet living in conditions similar to those in Africa. Setting this hypothesis aside, let us...
More »Wanted: more jobs by TK Rajalakshmi
The annual report of the International Institute for Labour Studies projects a grim future for employment prospects. WITH the United States and much of Europe grappling with the slowdown in their economies and the resultant social unrest, the publication of the World of Work Report 2011: Making Markets Work for Jobs could not have come at a more opportune moment. Brought out by the International Institute for Labour Studies, which was...
More »Skepticism about HDRs by Bibek Debroy
This seems to be season for Human Development Reports (HDRs). UNDP's global HDR for 2011 has been published. In that, the headline grabbing number was that India is ranked 134th out of 186 countries. This ranking is based on HDI (human development index), a composite indicator with three sub-heads of health (life expectancy), education (literacy, gross enrollment ratio) and PPP per capita income. HDI ranges between 0 and 1 and...
More »For rich or for poor? by Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
'Food subsidy is a massive burden…if so much is spent on subsidies, what is left for development?' agriculture minister Sharad Pawar recently asked. It is a legitimate question that is on the minds of many but seldom gets asked for fear of appearing callous. Are we prematurely trying to be a welfare State? In the developed world, safety nets like food stamps are regarded as humanitarian obligations toward the poor....
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