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Employment conundrum

The recently published survey of employment and unemployment in India, conducted in 300 districts across the country, shows once again that without a reform of India’s archaic labour laws, the share of salaried employed will continue to remain low. The employment-unemployment survey was conducted by the Labour Bureau of the Union Ministry of Labour and Employment. Public attention has largely focused on the unemployment number that the survey threw up....

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Dependence on borrowed research has cost us: Jairam Ramesh

Even as the Indian Network for Climate Change Assessment — dubbed “the Indian Intergovernmental Panel on Climate Change (IPCC)” — released its first report on the impact of climate change in four regions of the country, it admitted that significant research gaps and lack of extensive databases were hampering Indian climate science. Long-term localised data was not available on vegetation and forest cover, socio-economic trends, farm inputs, pests and crop diseases,...

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How women seized NREGA by Richard Mahapatra

Unique features of the public wage programme turn it into a magnet for women More women than men work under the national programme that guarantees employment to rural people. In the current fiscal till October, women availed of more than 50 per cent of employment created under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Their participation has been growing since the inception of the Act in 2006. This is...

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Illegal financial flows: the great drain robbery by P Sainath

India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...

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India’s micro vision by Samar Halarnkar

Time magazine picked him as one of 100 people shaping our world. Today, he’s held responsible for bringing an exciting, inspirational business into disrepute. Oh, and his wife says he beat her and snatched their son. There could not be a more controversial torchbearer than Vikram Akula for an industry as quintessentially Indian as microfinance, the business of providing the poor with loans, as small as R5,000, secured not with...

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