The economy shows consistent signs of growth. The challenge in the new year is to make development more equitable and broad-based… 2010 was a year of relief that soon grew into despondency. We were relieved that India had pulled out of the deepest post-War recession relatively unscathed. The soundness of its cautious macro-economic management was underlined once again and the US economy is also looking like getting slowly back on...

Even as the media celebrate the Mercedes Benz deal in the Marathwada region as a sign of “rural resurgence,” the latest data show that 17,368 farmers killed themselves in the year of the “resurgence.” When businessmen from Aurangabad in the backward Marathwada region bought 150 Mercedes Benz luxury cars worth Rs. 65 crore at one go in October, it grabbed media attention. The top public sector bank, State Bank of India,...

A direct outcome of the global economic crisis has been a decline in the rate of growth of wages across the world, barring Asia and Latin America. A study by the International Labour Organisation, Global Wage Report 2010-11: Wage policies in times of crisis, highlights this reality and points to the need for countries to put in place proper social and labour market policies to protect an increasingly vulnerable workforce....

Large scale child labour persists in India, mostly in the agricultural sector and the informal economy despite initiatives by the government and instances of commercial sexual exploitation of minors are oft reported, a US report on the issue said on Wednesday. According to the India section of the annual report of the Department of Labor, children are exploited in the worst forms of child labour with a majority working in agriculture,...

The Chhattisgarh model offers some key lessons on how to make the public distribution system deliverProbably the only thing extraordinary about Manglu is that he is the perfect example of an ordinary tribal. The 60-year-old belongs to the Pahadi Korba tribe and lives in Govindpur village of Sarguja district of Chhattisgarh. He best represents what modern India calls a below poverty line (BPL) beneficiary of various government schemes. Manglu earns...