Women’s stepping out of their homes to work is often seen as a symbol of empowerment. But what if girls and young women are first lured to work in factories on the false promise of decent wage, comfortable accommodation and payment of a lump sum amount at the end of 3 years contract, and then made to toil for pittance and their labour rights are violated? A report titled: Captured...
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FDI in retail likely within weeks
-The Times of India After years of debate, foreign direct investment in retail may soon be a reality with a panel of secretaries expected to approve the framework for allowing global retail chains to set up shop in India later this month. Government sources said the proposal has gained momentum, with both Prime Minister Manmohan Singh and finance minister Pranab Mukherjee backing it, and chances are that the Cabinet could clear...
More »CPI(M) opposes FDI in multi-brand retail trade
-The Hindu This pro-MNC neo-liberal framework will hit Indians It's a ploy to push for more sops to MNCs The CPI(M) on Saturday opposed the move to allow foreign direct investment (FDI) in multi-brand retail trade and called upon political parties and organisations to protest against this retrograde move. The CPI(M) Polit Bureau, in a statement, opposed the suggestion by the Inter-Ministerial Group on Inflation headed by the Chief Economic Adviser and said...
More »Taming price rise: Govt panel for FDI in multi-product retail
-The Times of India An inter-ministerial group (IMG) on inflation has recommended allowing foreign direct investment in multi-product retail as one of the two steps to tame rising prices and cut down the margin between farm gate and retail prices. This is the first formal recommendation by a government panel to allow FDI in the tightly policed and sensitive retail sector. "It is time for India to allow foreign direct investment in...
More »US, brands may stop sourcing if apparel industry fails review by Shramana Ganguly Mehta
Apparel exporters risk losing clients like GAP, Reebok and Nike if India fails to convince the US on Friday that its industry does not employ children. India has been asked to defend itself in the US on May 20 against charges of child labour. Child labour is a sensitive issue for American multinationals who source 30% of their global requirements from India. The brands can stop India sourcing if the country...
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