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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

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A raw deal for migrants-Jayati Ghosh

-Frontline     Significant part of economic migration is still the result of desperation rather than hard-headed economic calculation. This, in turn, affects the conditions under which workers migrate and their lives and work as well.   PERHAPS the most poignant moment in the film Peepli Live-even though the movie is really more about the media than about the socio-economic realities of India-is at the very end, when the hapless protagonist, now a former farmer...

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International garment brands not transparent about labour exploitation by their Indian suppliers: report -M Suchitra

-Down to Earth   100,000 young children and teenage girls are victims of 'bonded labour' in Tamil Nadu; dalit girls worse off An international organisation working for welfare of workers has drawn attention to the hazardous and exploitative working conditions of young girls working for the garment sector in Tamil Nadu. An estimated 100,000 children and teenage girls are working in extremely oppressive conditions in the spinning mills and garment factories in Tamil Nadu,...

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The jobs debate-Pramit Bhattacharya

-Live Mint   What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...

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UPA's job generation record better: Jairam

-The Business Standard Says it ensured more inclusive growth here, with better paying jobs, compared to NDA govt's record The perception that more jobs were created during the 1998-2004 National Democratic Alliance government than that of the Congress-led United Progressive Alliance (UPA) isn't based on facts, said Jairam Ramesh, the minister for rural development. From projections based on a National Sample Survey Organisation (NSSO) study, 60 million jobs were created between 1999-2000 and...

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