Justice Markandey Katju's prescription for a regulated media regime is a misplaced step that can actually de-democratise the fourth estate. IT is open season on the political class and the news media. But then, again, it's more like a chase of one's own tail. A self-righteous, delusional, Anna-Baba NGO-ised fringe sets out to stigmatise politics and Members of Parliament; the news media salivate at the prospect and rush to provide...
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It's Official: India's growth is jobless
The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...
More »Poverty rate fell due to liberalisation, say experts
-The Business Standard Rising per capita income and growth have reduced poverty among all classes, including socially-disadvantaged classes. Though there are skeptics who argue that growth has bypassed the socially disadvantaged classes, the analysis of National Sample Survey (NSS) data proves otherwise. But, high prevalence of poverty in the states where more SC, ST populations are living still remains same. A Columbia University, USA, study that had analysed the NSS figures from...
More »All trade unions to strike work on Tuesday
-The Hindu To protest the fallout of liberalisation policy In an unprecedented show of unity, all trade unions in the country have come together on the same platform and given a call for a general strike on February 28. This is the first time since Independence that trade unions, cutting across ideological and political affiliations, have joined hands to register their protest on a wide range of issues arising out of the liberalisation...
More »A crisis ignored by CP Chandrasekhar
The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP growth rate from 8.4 per cent last year to 6.9 per this year. The government, obsessed with growth rates, is deeply disappointed. Hence there is already talk of the need to respond and demands that the Reserve Bank of India should reduce interest rates are being heard. There...
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