-FirstPost.com Late MC Setalvad is remembered as a stalwart advocate not only for his legal acumen but for his scrupulously adhering to the limit set by the Supreme Court Rules as well. Yes, the maximum he charged in his lifetime per hearing was Rs 1600. Ditto for the labor law giant M. K. Ramamurthy who in addition never appeared for managements. He took a principled stand---he couldn’t rant against the same...
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Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Free grains likely for 25 million poorest of poor families -Dipak K Dash
-The Times of India NEW DELHI: The Centre is likely to provide 'free of cost' foodgrain to the poorest of the poor families under the Antyodaya Anna Yojna (AAY) which would benefit nearly 25 million families across the country. This is being seen as yet another step by the government to push its 'pro-poor' image just days before it completes two years in office. Sources said the food ministry will present this...
More »India’s jobless growth is undermining its ability to reap the demographic dividend -Christophe Jaffrelot
-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...
More »Banking on mother’s milk -Jacob Koshy
-The Hindu Liquid Gold’ may refer to petroleum, an ‘80s pop group or a particularly indulgent variety of cheese but for Raghuram Mallaiah, a doctor who specialises in newborn babies, it’s mother’s milk. As a doctor who has to negotiate life-and-death situations for prematurely-born infants, Dr. Mallaiah holds that breast milk is “10 times more important” for babies born before their due date than those who reach full term. The biological quandary...
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