Some 350 million people living in rural areas being lifted out of extreme poverty in the past decade, according to The Rural Poverty Report, published by the International Fund for Agricultural Development (IFAD), a United Nations (UN) agency. However, in spite of this, more than a billion people around the world still continue to suffer. The UN describes extreme poverty as living on less than $1.25 (80p) a day. But factors such as...
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Anatomy of Indian capitalism by Himanshu
Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...
More »Emerging economies have the worst records of underage workers
The Child Labour Index and map, produced by global risks advisory firm Maplecroft, rates 68 countries as ‘extreme risk’ with Bangladesh, China, India, Nigeria and Pakistan amongst those with the most widespread abuses of child workers.According to the ILO, there are 215 million children working throughout the world, many full-time. Of these, 115 million are exposed to hazardous forms of Child Labour. The index evaluates 196 countries on the prevalence,...
More »39 bonded labourers rescued from quarry
A team of officials, led by Assistant Commissioner Prabhuling Kavalikatti, raided a black stone quarry in Vitla in Bantwal taluk and rescued 39 bonded labourers, including some children, on Wednesday. While some of them are from Krishnagiri district in Tamil Nadu, others belong to Kanakapura near Bangalore. They were given meagre wages and were not allowed to leave the quarry for six years, according to Mr. Kavalikatti. He described it as...
More »Dalits re-enter temple amid police security by R Ilangovan
Nearly 300 Dalits offered prayers on the occasion of ‘Thirukarthigai' Day The Dalits entered the temple on October 3 “for the first time in their lives” Amid heavy police security, the Dalits in East Rajapalayam in the Gengavalli block in Salem district successfully re-entered the ancient Sri Chidambareshwarar temple in the village on Sunday, from which they were barred. Dressed up in their best, 300 Dalits including women and children, carrying garlands...
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