-IANS The government will lay emphasis on health in the 12th Five Year Plan (2012-17) and funds will not be a constraint in the areas of education and health, Prime Minister Manmohan Singh said Monday. "I have often referred to the 11th Five Year Plan as an education plan. We will lay the same emphasis on health in the 12th plan as we laid on education in the 11th plan. I will...
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Can Posco Cross the India Barrier? by Prince Mathews Thomas
The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...
More »India’s employment challenge by Himanshu
The recent estimates of employment and unemployment from the 66th round (2009-10) of the National Sample Survey (NSS) belie any hopes that the growth of the Indian economy between 2004-05 and 2009-10 has been inclusive. Employment has expanded by only a million jobs during this period. Not only is this lowest ever growth recorded in any such period, the fact that it occurred during the period of highest growth in...
More »Cabinet okays fund for unorganized sector
-The Times of India The Union Cabinet on Thursday cleared setting up a national level social security fund for unorganized workers. The proposed National Social Security Fund will have an initial corpus of Rs 1,000 crore and will benefit 43.3 crore workers in the unorganized sector. Unorganized workers form the most significant part of total workers in the country and suffer from cycles of employment and absence of social security...
More »A relentless crusader by Sudha Umashanker
Ruth Manorama started her work with the urban poor in her youth; there has been no turning back ever since. She is the powerful voice of Dalit women today. Is it easy being a Dalit in India? And a woman at that? Have things changed for the better for the Dalits who constitute roughly 16.23 per cent of our population, since the Constitution of India “cast a special responsibility on the...
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