-The United Nations   The world needs to create 600 million new jobs over the next decade to sustain economic growth and maintain social stability, the United Nations International Labour Organization (ILO) said in its annual report on global employment unveiled today. According to the report entitled ‘Global Employment Trends 2012: Preventing a deeper jobs crisis,’ the world faces the additional challenge of creating Decent Jobs for the estimated 900 million workers who...

Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...

While Asian economies boomed before the global recession in 2008, the fruits of that progress did not translate into better wages or secure employment conditions for workers in the region. The International Labour Organisation (ILO)'s Asian Decent Work Decade launched in 2006 was aimed at five priority areas of competitiveness, productivity and jobs; labour market governance; youth employment, managing labour migration and local development for poverty reduction. Today workers' unions are...

The country's main planning body will overhaul of the system of village panchayat in the next Five-Year Plan period to improve its functioning and check siphoning of funds meant for social sector programmes.  Over 250,000 panchayats or village councils in the country collectively handle about Rs 90,000 crore in social sector funds every year, but embezzlement by village representatives often prevents the benefits of welfare schemes from reaching the needy.  To remedy...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...