Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates. In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...
More »SEARCH RESULT
Total Matching Records found : 1513
Maruti plant lockout to hit contract workers
-PTI Contract labourers working in factories of component suppliers to Maruti Suzuki could bear the brunt of the lockout at the Manesar plant of India's largest carmaker. Working on wafer thin margins amid stiff competition, many of the component suppliers which have been already feeling the heat due to an overall slowdown in the automotive market, are considering to reduce their workforce. "If there is prolonged lockout at Maruti's Manesar plant, there is no...
More »Yet another data goof-up: Labour ministry sets up panel to look into errors in job survey
-The Economic Times The labour ministry has set up a panel to look into discrepancies into its second annual employment and unemployment survey, which may have resulted in wide variation in performance of different states. "The committee will look at all aspects of the survey, including the methodology and the original field level data used. It will also look out for processing errors," a labour ministry official told ET. The findings of the...
More »The perils of retail therapy in India
-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...
More »Higher your education, harder it is getting a job-Rukmini Shrinivasan
-The Times of India India's official unEMPLOYMENT RATE last year was 3.8%, data released recently by the Labour Bureau shows, but, as always, averages hide many stories. A closer look at the numbers shows that unemployment rises with education level to 10% among graduates, and higher still for backward castes. The Chandigarh-based Labour Bureau under the union ministry of labour and employment released the 'Employment and Unemployment Survey 2012' last week. The...
More »
