-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental Safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...
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Mean and petty labour reforms -Colin Gonsalves
-The Hindu Even decades after independence, the introduction of a ‘secret ballot' for labourers to recognise trade unions remains elusive The National Democratic Alliance government, on June 5 and June 17, notified the proposed amendments to the Factories Act, 1948 and the Minimum Wages Act, 1948. Given that the process of amendments began in 2008 and went through a number of expert committees, one would have expected the amendments to be carefully...
More »Agriculture & Social sectors: No breaking away from the past
-The Business Standard Slew of monetary allocations show no clear shift in strategy Finance Minister Arun Jaitley peppered his long speech with announcements of 28 schemes and projects of Rs 100 crore each. This suggests the National Democratic Alliance had grafted a social and agriculture agenda different from the United Progressive Alliance's. However, it was a relatively low-cost trick to dazzle and distract in a year when fiscal constraints remain as worrisome. The...
More »Factories Act revamp may signal labour law reforms
-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...
More »Rural sanitation needs behaviour change
Two political leaders from rival camps, Prime Minister Narendra Modi and former Rural Development Minister Jairam Ramesh, have brought the spotlight on rural sanitation and have rooted for defecation-free India by investing in toilet construction on war footing. But a recent study by a group of eminent development economists led by Prof. Dean Spears-a visiting economist at the Delhi School of Economics - has concluded that when it comes to...
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