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...
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Rising wages feeding inflation, says Kaushik Basu
-The Economic Times Chief economic advisor Kaushik Basu has said that part of the blame for the sustained high inflation in India must go to rising wages. Basu believes that labour cost differences between the developed and labour-surplus countries such as India that have been in existence for a long time have now started narrowing which is feeding into higher prices within the country. "The reason for inflationary pressures in India is that...
More »Workers strike thrice in five months, How Maruti lost connect with them by Sruthijith KK & Chanchal Pal Chauhan
There isn't a single burning, insurmountable issue because of which workers at Maruti's Manesar plant have struck work thrice in the last five months . Sruthijith KK & Chanchal Pal Chauhan report from Manesar that at its core lie accumulated grievances and resentment, and events are adding fuel to the fire A day after workers at Maruti Suzuki's Manesar facility went on strike in June, 55-year-old MM Singh, the company's head...
More »Mamata sets seven-day deadline to Maoists
-The Hindu Making no reference to the month-long conditional “ceasefire offer” from the West Bengal leadership of the Communist Party of India (Maoist), Chief Minister Mamata Banerjee on Saturday gave a seven-day deadline to the Left Wing Extremists in the Jangalmahal region on her offer of “negotiations if you give up your arms.” During her second visit to the Maoist-affected Jangalmahal region after assuming charge as Chief Minister, Ms. Banerjee claimed that...
More »“Child Labour Act requires more teeth”
-The Hindu Nearly 20 years of campaigning against child labour in the fireworks industry has only driven the practice underground, a fact-finding study in Sivakasi conduced by a group of non-governmental organisations has said. Commissioned by Campaign Against Child Labour – Tamil Nadu, the study was jointly executed by members of Centre for Child Rights and Development (CCRD), NEED, Sivakasi, Human Rights Foundation, Indian Council for Child Welfare, Manitham of Sivaganga, and...
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