India's abysmal gender inequality statistics seem to have taken a turn for the worse. New data shows the country's Gender Inequality Index (GII) worsened between 2008 and 2011, and India now ranks 129 out of 146 countries on the GII, better only than Afghanistan in south Asia. On the Human Development Index (HDI), India ranks 134 out of 187 countries. When inequality is factored in, it experiences a 30% drop in...
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Food inflation in double digits after six weeks
-The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...
More »Workers' struggle in Maruti Suzuki by Prasenjit Bose and Sourindra Ghosh
The multinational refuses to be sensitive to the grievances of its Indian workforce, which generates the greater proportion of the company's profits. The workers of the Maruti Suzuki India Limited's (MSIL) plant in Haryana's Manesar have been agitating since August-end against the dismissal and suspension of more than 60 of their colleagues and the management's insistence on their signing a ‘good conduct bond' before they are allowed to enter the plant....
More »Address supply side on food: World Bank
-The Business Standard Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...
More »Government panel says 'Go, No-Go' concept of forest area classification legally not tenable and should be abandoned by Sarita C Singh
A government panel has said the 'Go, No-Go' concept of forest area classification for clearances tocoal blocks is legally not tenable and should be abandoned. The environment ministry's ban on mining in areas of thick forest cover has locked away millions of tonnes ofcoal reserves. According to the power ministry, coal shortage is likely to hold up new power projects of over 17,000 mw aggregate capacity. This has triggered debate among...
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