-BBC Many Bangladeshi textile factories near the capital, Dhaka, have shut because of unrest sparked by the collapse of a factory building last month, the country's textile association has said. Owners made the decision on safety grounds after many workers went on a rampage, the group's president said. Retailers in Europe meanwhile said they would sign an accord to improve safety conditions in factories in Bangladesh. At least 1,127 people were killed when the...
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'Only 2% of India’s youth have vocational training' -Subodh Varma
-The Times of India NEW DELHI: Here is a pointer why industry groans about the lack of skilled manpower. Just 2% of India's youth and only about 7% of the whole working age population have received vocational training, a recently released survey report reveals. As in the past, hereditary learning or learning on the job continue to generate more skills than the whole formal vocational training set up of the country which...
More »India, other developing nations drive global economic growth: UN -Arlene Chang
-First Post While the average Human Development Index (HDI) for the region is 0.558, below the world average of 0.693, South Asia saw the highest growth in the index between 2000 and 2012, according to the United Nations Human Development Report 2013. The region registered an annual growth of 1.43 percent in HDI, the highest compared to other regions. It also said that the developing countries as a whole are driving the...
More »The freebie nation-Sreelatha Menon
-The Business Standard The Union Budget shows the charitable instincts of the government continuing to overwhelm it - though some would call it part inefficiency and part helplessness. The exemptions given to citizens on the tax they ought to pay have been exceeding the Plan expenditure, and even the total fiscal deficit as it did in 2012-13. This has prompted criticism from the Left parties and activists, who view it as evidence...
More »Where buying a motorcycle can spark a riot-S Anandhi and M Vijayabaskar
-The Hindu Refusal by Dalits to work as agricultural labour and to perform menial duties plus their relative economic improvement have made them the targets of caste violence In the recent violence against the Dalits in Dharmapuri district in Tamil Nadu, about 300 of their houses were burnt down and other properties destroyed by the Vanniars, a numerically strong intermediate caste, sections of whom have been economically stagnant. The immediate cause for...
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