In post-globalisation India, middle-class heroes are usually entrepreneurs who make a fast buck, stars that glitter brightly and talk glibly, cricketers who hit the ball hard. In an aspirational world of consumer goods, fine dining and malls, values such as service, integrity, simplicity are becoming rare. Perhaps that is why the story of Binayak Sen, the skilled doctor who turned his back on material success to work among the poor...

West Bengal Industries Minister Nirupam Sen said here on Thursday that a unique comprehensive rehabilitation package for land-losers has been formulated and will be put in place in areas where industrial units are to come up. At an event where “letters of allotment” and “permissive possession certificates” were handed over to 13 investors for setting up units in south Bengal on a total of 1210.76 acres of land acquired by the...

Nearing the four crore mark in providing jobs under MGNREGA , re-launching the Provision of Urban Amenities in Rural Areas scheme and reinforcing social audit in programmes on complaints of irregularities were the foremost tasks of the rural development ministry in 2010. While 3.9 crore households were provided employment, the share of women beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Act went up to 51 per cent, with...

The Indian government is exploring a proposal to reduce the limit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...

The only economic or social variable that has not moved since 1991 in India is our 93% informal employment in the informal sector. So, while we have smartly and substantially moved the needle on everything from foreign exchange reserves, infant mortality, school enrolment, market capitalisation, foreign investment, and pregnancy deaths, 9 out of 10 of our workers do not work in organised employment. Informal employment—what President Alan Garcia of Peru...