Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...
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Redistribution is not inclusion growth by Arvind Panagriya
Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process. But in India, we...
More »PIL against govt’s nuclear plan in SC by Nikhil Kanekal
A fresh public interest litigation (PIL) was filed in the Supreme Court on Friday challenging the United Progressive Alliance (UPA) government’s civil nuclear power programme. The PIL, filed by lawyer Prashant Bhushan on behalf of many former public officials and eminent citizens, makes several demands of the Supreme Court, but most significantly asks it to cancel “clearances given to proposed nuclear power plants and staying all proposed nuclear power plants” till satisfactory...
More »The Inconvenient Truth Of Soni Sori by Shoma Chaudhury
Why were two tribals and the Essar group framed by the Chhattisgarh police? Why are Soni Sori and Linga Kodopi being systematically silenced? This chilling story of one family reveals more about India's Naxal crisis than any official document can. AS I sit to write this, at 12.20 pm on 4 October 2011, an SMS pops up on my phone: “Soni Sori has been arrested by the Delhi Crime Branch.” The...
More »Mining Bill needs refining by Jaideep Mishra
A new draft Bill holds much promise to augment the development delivery mechanism. It is the new mining Bill, 2011, which has specific provisions for earmarking funds for development purposes in the mineral-rich districts that happen to be the regions with high poverty ratios. Revamped mining legislation can boost transparency in the vexed sector that seems much prone to illegality, corruption and extensive fraud. Further, a well-crafted mining law can actually...
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