Do we, the Indian middle class, see the corruption within us? I was too busy being corrupt to join Anna Hazare’s camp last week. For four days, I heard nothing but stories of our Tahrir Square-like revolution against the corrupt unfurling right under our noses in Delhi’s Jantar Mantar. But it was school admission time and I had some serious palm-greasing, document-fudging, string-pulling, weight-throwing and tout-chasing to do. I had...
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The tenacity of hope by Dipankar Gupta
Since Cairo took to the streets, there is one question that comes up repeatedly in India. How have we been saved from such anarchy, in spite of our faltering democracy? True, Egypt's growth, between 5% and 7%, has been less spectacular than ours. But its per capita income swelled from $587 in 1981 to $1461 in 2001. Even its deficit as a percentage of GDP has fallen from 10.2% in...
More »Should the rural job guarantee scheme be linked to minimum wages?
The question raises fundamental issues about the MGNREGA’s centralised template and poor delivery mechanism, but it is important to provide a legal basis to its wage structure to protect it against inflation. We need to remember that the way the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was originally conceived, wages were never meant to be equal to the minimum wages; they should have been lower. This is because the...
More »Employment conundrum
The recently published survey of employment and unemployment in India, conducted in 300 districts across the country, shows once again that without a reform of India’s archaic labour laws, the share of salaried employed will continue to remain low. The employment-unemployment survey was conducted by the Labour Bureau of the Union Ministry of Labour and Employment. Public attention has largely focused on the unemployment number that the survey threw up....
More »Unemployment touches all-time high of 210 million, says ILO by J Balaji
“G20 nations must create 21 million jobs each year over next decade” Positive employment growth found in all countries in 2010: ILO analysis But it has not been strong enough to reverse the slack accumulated during economic crisis Though many countries including India are limping back to normality after facing economic slowdown over the past few years, the unemployment graph is still moving up and has touched an all-time high of 210 million...
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