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Guests in the city by Sreelatha Menon

The city is teeming with guests. They are migrant workers from neighbouring states who are in the city for work, for better income, for better living conditions and for everything else that makes the city attractive. They are mostly employed in the unorganised sector, as vendors, contract workers at construction sites, rickshaw-pullers or domestic workers. The city does not seem to care for them. They stumble around learning the ways of...

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Microfinance: What's wrong with it by M Rajshekhar

The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

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Unemployment touches all-time high of 210 million, says ILO by J Balaji

“G20 nations must create 21 million jobs each year over next decade” Positive employment growth found in all countries in 2010: ILO analysis But it has not been strong enough to reverse the slack accumulated during economic crisis Though many countries including India are limping back to normality after facing economic slowdown over the past few years, the unemployment graph is still moving up and has touched an all-time high of 210 million...

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Rural reality by CT Kurien

A meticulous study of the agrarian relations in three villages. ONE of our senior sociologists once drew my attention to the distinction between economics and other social sciences. Other social sciences – sociology and anthropology, for instance – he said, pay a great deal of attention to gathering primary data and interpreting them, whereas economics relies on secondary data for its analysis. This is, to a large extent, a fair...

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India loses more years to illness than China, Brazil by Soma Das

Health is wealth, goes the adage. For confirmation, check how much India loses to illness every year, and compare it with China. While China loses 15,279 healthy years per one lakh population per annum on account of illness and disability, the corresponding figure for India stands at 27,316, around 80% higher. India's performance on this crucial health indicator — which is also a proxy for labour productivity — appears gloomy even...

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