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People of no fixed address-Sunil Sethi

-The Business Standard Are these people expected to return to their villages and hometowns to hang around waiting for the Unique Identification Authority of India to set up shop?  Workers returning to their jobs in metros from remote villages in Bihar and Jharkhand have lately been complaining that they are barred from boarding trains unless they show sufficient identification, including proof of residence in cities. Whether this is a run-up to the...

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India’s employment elasticity almost zero-Manas Chakravarty

-Live Mint High growth hasn’t led to more jobs  The years between 2004-05 and 2009-10 saw some of the highest rates of gross domestic product (GDP) growth for India. The problem, however, is that this high growth hasn’t led to more jobs. Employment elasticity—which is a measure of how employment varies with economic output—has come down dramatically. The Planning Commission says that employment elasticity has come down “from 0.44 in the first half...

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Start now, fix later -Samar Halarnkar

-The Hindustan Times Indians love slogans. So, since Independence, successive governments have offered catch lines to their electorates. Some slogans were inopportune because they were of dubious accuracy. Jawaharlal Nehru’s 1950s ‘Hindi-Chini bhai-bhai’ — Indians and Chinese are brothers — (even Nehru did not believe this), led to a battlefield defeat. The Congress’ 1975 Emergency-era ‘Indira is India and India is Indira’ and the BJP’s 2004 ‘India Shining’ were electoral disasters. Some...

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Cash Transfer Debate: Experts speak

-Tehelka The cash transfer debate has turned political with BJP complaining to the Election Commission about the timing of the announcement. It claims the scheme was declared with Gujarat polls in mind. However the Congress-led Central government rubbished the allegation and said the announcement happened in March. Even the political slugfest continues, the debate among experts and activists hasn’t died down. Akshai Jain spoke to a few experts about the various...

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All to the sweat shop-Bhavdeep Kang

-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...

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