Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

You have the right to: Organize a union to negotiate with your employer concerning your wages, hours, and other terms and conditions of employment. Form, join or assist a union. Bargain collectively through representatives of employees' own choosing for a contract with your employer setting your wages, benefits, hours, and other working conditions. Discuss your terms and conditions of employment or union organizing with your co-workers or a union. Take action with...

The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it. AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa. At one level, this process is simply following the hoary old tradition in global capitalism of firms (often supported...

The government will recast the Mahatma Gandhi National Rural Employment Guarantee Scheme, to give it a welfare edge, following criticism that it was disconnected from people's concern over corruption, high food prices and inflation. The attempt will be to make it more responsive to people's needs and increase earnings of the rural poor. The reform attempts to make the scheme truly demand-based, besides addressing issues of fraud, misuse of funds, corruption...

More than two years have passed and there seems to be no progress worth speaking about in making the promised law that will guarantee food for the people. The promise came from the UPA-2 as part of its election manifesto in 2009. It was a time of recovery from a time of economic troubles. The impact of the global economic slowdown came on top of the agrarian crisis and the...