-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
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Is the economy sick? -Salman Anees Soz
-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
More »Govt to increase maternity leave in pvt sector from 12 to 26 weeks -Shalini Nair
-The Indian Express Women and Child Development Minister Maneka Gandhi Monday said the Ministry of Labour has agreed to increase maternity leave to six-and-a-half months. The union government is set to increase the maternity leave for women employed in private firms from the existing 12 weeks to 26 weeks. Women and Child Development Minister Maneka Gandhi Monday said the Ministry of Labour has agreed to increase maternity leave to six-and-a-half months....
More »MS Swaminathan, father of India's green revolution, speaks to Srijana Mitra Das
-The Times of India/ The Economic Times Renowned geneticist and administrator M S Swaminathan is popularly known as the 'father of India's green revolution'. Speaking with Srijana Mitra Das, Swaminathan discussed why he fears the WTO Nairobi meet could exacerbate global food insecurity, double standards over farming protection between developed and developing nations, an Indian Single Market in grains - and how India, already suffering 'hidden' famine, must have freedom to...
More »Free run for the rent-seekers -Biswajit Dhar
-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...
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