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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for Inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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That's rich! Starbucks paying staff 25p an hour in new Indian cafes-Nick Owens and Gethin Chamberlain

-Mirror News Tax row coffee chain pays 'poverty wages' despite making £222 million profit in three months TAX row coffee chain Starbucks is paying workers just 25p an hour at its newly-opened stores in India. The pittance falls far below the country’s official living wage and means some staff earn less in a day than the price of the ­cheapest cup of Starbucks coffee in the UK. Details of the wages emerged as the...

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‘Illiteracy’ rap on India -Basant Kumar Mohanty

-The Telegraph India’s education system is marked by poor quality and produces “functional illiterates”, the chief of a UN body told The Telegraph here today. “India has made a lot of progress in achieving education for all, but what kind of education is being imparted and whether there are adequate teachers are issues of concern. The result is functional illiteracy,” Unesco director-general Irina Bokova said on the sidelines of a conference by...

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Gujarat vs. Himachal Pradesh -Rahul Verma

-Kafila.org Even though Hiamchal Pradesh voted on November 4, Gujarat has been hogging all the limelight. The election in Gujarat is only in the third week of December. Gujarat captures our political imagination as a ‘role model state’ whereas Hiamchal Pradesh is just in our tourism agenda as a top holiday destination. It is hard for anyone to notice Himachal as a political entity among the big brothers like Uttar Pradesh,...

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The World Bank’s misdiagnosis-Himanshu

-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment  The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing Inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...

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