-The Hindu "World Bank too has changed its goal to fighting no longer for just eradication of poverty but also for shared prosperity" There is now a consensus the world over that the free market economic model does not work, said World Bank chief economist and former Chief Economic Adviser to the government of India Kaushik Basu on Sunday. Dr. Basu was speaking at a function organised here by the ‘Ideas for...

-The Indian Express With the positive intent and progressive action from the new government, the country is excited about entering a new era of growth & revolutionary transformation. This can happen faster and more effectively if the whole ecosystem is geared for it. And most important component of the ecosystem are the people, who are the primary beneficiaries as well as the key catalysts to stimulate this growth and transformation. Hence,...

-The Indian Express Yet another depressing charade played out at Lima, Peru, where the 20th conference of the parties (COP) to the United Framework Convention on Climate Change (UNFCCC) concluded on December 14, with a 43-page negotiating text, with several alternative formulations for virtually every provision. It is unlikely that, within the deadline set by the Paris COP in December 2015, an agreed text will be negotiated, especially since Lima has...

-The Hindu The findings from the latest International Labour Organisation report on real wages point to a mix of proactive initiatives and policy paralysis in different contexts. The study notes that continuing deceleration in the growth of global real wages and discriminatory pay gaps based on gender and nationality could sharpen household income inequalities. A most striking finding is that labour productivity growth outstripped increases in real wage between 1999 and...

-Pune Mirror Child rights activists demand that Centre amends Child Labour Act to ban children from working in the field Campaign Against Child Labour (CACL) submitted a charter of demands to Pune MP Anil Shirole to be raised in Parliament when the Child and Adolescent Labour (Prohibition and Regulation) Bill, 2014, comes up for discussion during the ongoing session. And, one of CACL's principal demands - perhaps the most important one -...