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Factories Act revamp may signal labour law reforms

-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...

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On the mythology of social policy -Jean Drèze

-The Hindu   India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...

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More rice from less water -Rita Sharma

-The Hindu   With water becoming an important cost, and with climate change and soil degradation, the System of Rice Intensification offers disadvantaged farming households better opportunities A truant monsoon is in the offing, with El Niño weather patterns expected to bring about drier conditions. India has the world's largest area devoted to rice, a very water-intensive crop. This is a good time for giving impetus to "more crop per drop" practices, now...

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The Planning Commission, in practice -Mihir Shah

-The Indian Express Despite the bureaucratic mindset, there are also tremendous positive effects. As speculation mounts by the day that the Modi government is thinking of winding up the Planning Commission, this is an opportune moment to reflect on the relevance of the institution in the context of a rapidly changing Indian economy and society. One way of classifying institutions is in terms of the balance between their potential positive power (PPP) and...

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The 47 million

-The Business Standard   Why Indian unemployment figures puzzle many Census data released on Tuesday contained a shocking piece of information: that 47 million young Indians, under the age of 24, were jobless, and looking for work. That's 20 per cent of the youth population. This is hard data confirming a fact that has long been anecdotal: that India has a jobs crisis. The picture that emerges from the Census data is intriguing:...

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