-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...
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Rio+20 summit must move world beyond 'grow now, clean up later'-Connie Hedegaard
-The Guardian The Earth summit has to ensure sustainability is at the heart of growth models – the swelling global population depends on it Growth in itself is neither our enemy nor our problem. But what kind of economic growth do we need? And do we want growth at any cost? A child born today is one of seven billion people on Earth, and during its lifetime will see the world's population grow...
More »Poorest in societies will suffer the most if we use our resources unsustainably-Janez Potocnik
In just over a week, world leaders will gather in Brazil for the Rio +20 Summit to decide what kind of future we want. Twenty years after the original earth summit, the theme is the green economy in the context of sustainable development and poverty eradication. Why is the conference important and why the aspirations for a 'green economy'? A green economy is one that results in improved human well-being and...
More »Lethal ingredients in the Rio+20 mocktail-V Suresh & NS Tanvi
-The Hindu Commodification, commercialisation and financialisation of nature will produce a greedy, not green, economy Over 100 world leaders will meet in Rio de Janeiro this week for the U.N. Conference on Sustainable Development, popularly referred to as Rio+20 Global Earth Summit. It is being held amidst “‘a world running low on drinking water and productive land’ and set against the backdrop of accelerating global warming, climate change, chemical contamination of air, land...
More »Rapid GDP growth dents poverty but reduction is feasible-Raghav Gaiha and Vani S Kulkarni
If proof is needed of a policy paralysis, a recent official admission that poverty cannot be eradicated by 2020 cannot be dismissed out of hand. That this follows the Planning Commission's estimate of a rapid decline in poverty over the period 2004-05 and 2009-10 is not just intriguing but arguably schizophrenic. The former is utterly pessimistic while the latter is optimistic notwithstanding dubious price adjustments designed to deliver a favourable...
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