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Maximum Dithering for Minimum Wages!

Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...

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A Light in India by David Bornstein

When we hear the word innovation, we often think of new technologies or silver bullet solutions — like hydrogen fuel cells or a cure for cancer. To be sure, breakthroughs are vital: antibiotics and vaccines, for example, transformed global health. But as we’ve argued in Fixes, some of the greatest advances come from taking old ideas or technologies and making them accessible to millions of people who are underserved. One area...

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The Criminalization of Dissent by Prabhat Patnaik

While there will be general agreement that the judgement in Binayak Sen's case represents a gross miscarriage of justice, most people will attribute it to the overzealousness of a lower judicial functionary, or, at the most, to the prevailing atmosphere in the state of Chhattisgarh. If the trial had been held elsewhere, they would argue, Binayak would not have got the verdict he did. They are probably right, just as...

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Should the rural job guarantee scheme be linked to minimum wages?

The question raises fundamental issues about the MGNREGA’s centralised template and poor delivery mechanism, but it is important to provide a legal basis to its wage structure to protect it against inflation. We need to remember that the way the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was originally conceived, wages were never meant to be equal to the minimum wages; they should have been lower. This is because the...

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Microlenders, Honored With Nobel, Are Struggling by Vikas Bajaj

Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...

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