-The United Nations The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...
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A Price to Pay for Selling on the Street -Neeta Lal
-IPS News New Delhi: Bhure Lal, a 33-year-old street-food vendor, has been selling his spicy ‘chaat' outside the New Delhi Railway Station for 15 years. But despite a punishing 12-hour work schedule, and a new law to protect hawkers like him, he doesn't take home enough to feed his family. More than half of Lal's weekly income from the ‘chaat', a lip-smacking pot-pourri that is particularly popular with women, is extorted by...
More »‘Development is intrinsic to a secular project’-Garimella Subramaniam
-The Hindu If some communities have been denied the benefits of development on grounds of religion, this development is anti-secular, argues Rajeev Bhargava, political theorist Arch rivals the Congress and the Bharatiya Janata Party continue to trade accusations against each other of playing the communal card in the campaign to the general elections. These are classic instances of the confusion over what secularism is in India. Restoring clarity on the conceptual aspects...
More »Why India needs a futures exchange for water? -Nilanjan Ghosh
-The Hindu Business Line The risk of water availability is a painful reality in south Asian agriculture including India. Any deviation from the monsoon causes problems for the farm community and poses threat to food security in the region. The variability in precipitation in India has actually increased in recent years. While comparing the variability of precipitation (given by standard deviation) between two phases, 1950-75 and 1976-2010, in two geographically dispersed districts...
More »India’s maids are ‘invisible’, exploited and abused: ILO- Nita Bhalla
-Reuters The number of maids has surged by close to 70% from 2001 to 2010, says the ILO New Delhi: Millions of maids working in middle class Indian homes are part of up an informal and "invisible" workforce where they are abused and exploited due to a lack of legislation to protect them, the International Labour Organization (ILO) said on Wednesday. Economic reforms that began in the early 1990s have transformed the...
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