South Asian countries, led by India, registered a rapid economic growth in 2010 and their unemployment rates dipped marginally from the previous year, says the latest annual Global Employment Trends (GET) report of the International Labour Organisation (ILO). Globally, however, it was a bad year for jobs for the third successive year. The annual employment trends survey points to a highly differentiated recovery in labour markets, with persistently high levels of...

The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....

The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

Nearly a dozen Dalit families have left this village in the last 15 days as last year's violence in Mirchpur has come back to haunt them. It was here that a 70-year-old and his physically-challenged daughter were killed in an attack by the dominant Jat community. The fear of violence from Jats, who have over the past 12 days staged protests demanding the release of those arrested for the incident in...

The National Rural Employment Guarantee Act (NREGA) may have revolutionised rural households in more ways than one but on the flip side the UPA government’s flagship scheme has affected agricultural production. Reports on the “negative influence” of NREGA have poured in from every nook and cranny of Meghalaya though the scheme aims to enhance the livelihood and security of people in rural areas by guaranteeing 100 days of wage-employment in a...