-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...

-The Times of India NEW DELHI: Lessons have not been learnt from past disasters, it seems. Delhi Metro, which ferries over two million passengers a day, is on a high-risk earthquake and flood zone and may lead to a huge loss of life in case of a disaster, says a recently released UN report on disaster risk reduction. The Global Assessment Report (GAR), released by the United Nations office on disaster risk...

-The Economic Times NEW DELHI: A study commissioned by the Planning Commission to validate the growth estimates of the Twelfth Five-Year Plan has thrown up a rather depressing outlook for the economy, sending alarm bells ringing in the government. An independent think tank, the National Council for Applied Economic Research (NCAER), has pegged average annual growth for the Twelfth Plan at a mere 4.8%, if the present logjam in policymaking continues. The NCAER...

-IANS LONDON: The future of the private sector will increasingly hinge on the ability of businesses to adapt to the world's rapidly changing environment, according to a UN report. The report titled "GEO-5 for Business: Impacts of a Changing Environment on the Corporate Sector" was released by the UN Environment Programme (UNEP) in the British capital, Xinhua reported. It analysed the potential risks to 10 different sectors of the economy, and also the...

-The Times of India We have a PM-led National Disaster Management Board. But the latest CAG report says none of its plans seem to have worked since its inception. The question is not what the CAG report says and who leads the board's policies. To me, at least boards like these should have the experience of the community. Such boards are led by experts who have never experienced any disasters. That...