-The Times of India Dalits have once again lost out, this time on wages in rural areas. A first-of-its-kind data released by the Reserve Bank of India(RBI) has revealed that during the last eight years - between April, 2004 and March, 2012 - the daily wages of cobblers in rural areas rose by 95%, the worst show among the 17 categories listed by the government's Labour Bureau. The all-India data compiled...
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Let’s not overrate foreign investment -Pulapre Balakrishnan
-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
More »UN launches new initiative to empower rural women and girls
-The United Nations The United Nations today launched a programme to empower poor rural women through economic integration and food security initiatives. “Accelerating Progress Toward the Economic Empowerment of Rural Women” is a five-year initiative that will focus on improving food and nutrition security, increasing rural women’s incomes, enhancing leadership and participation in rural institutions, and creating a more responsive policy environment at national and international levels. “When women are empowered and can...
More »Singh’s Homespun Plea for Liberalizing India -Chandrahas Choudhury
-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
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