-The United Nations A new report by the United Nations labour agency warns of a youth jobs crisis in both developed and developing countries, with young people aged 15 to 24 finding it increasingly difficult to obtain decent employment and future prospects are dim. As it released its “Global Employment Trends for Youth: 2011 Update,” the International Labour Organization (ILO) notes that the recent global economic crisis led to a “substantial” increase...
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Maruti’s Modern Times clash by Sujan Dutta
In the brown smog that covers Manesar this late autumn, large trucks that pack half-a-dozen cars each into their containers queue on the broken highway from Delhi to Jaipur and park any which way they can. Their drivers loll in the teashops and dhabas. Few know when their containers will be loaded with Maruti Suzuki’s deliverables: cars named Swift and Dzire and A-Star and Sx4 that have been booked by tens...
More »Redistribution is not inclusion growth by Arvind Panagriya
Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process. But in India, we...
More »Boomtown Troubles by Ashok Malik
IT IS one of the inspirational legends of Indian journalism that James Hickey, founder and editor of the Bengal Gazette — this country’s first newspaper, with its first edition going back to January 1780 — was a fearless seeker of the truth, taken to court and imprisoned by Warren Hastings, then governor-general. Reality is a little different. Hickey’s paper was often a gossipy, yellow rag. It thought nothing of publishing scurrilous...
More »A bad return on investment
-Live Mint As United Progressive Alliance chairperson Sonia Gandhi prepares to intervene next week in the great national debate about who is poor, she might want to visit north-eastern Mumbai to see how the poorest are not even classified as such and how a giant government scheme to save their children from malnutrition is failing. The nauseating stench from a mountain of garbage greets a visitor to Rafi Nagar at the base...
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