The only economic or social variable that has not moved since 1991 in India is our 93% informal employment in the informal sector. So, while we have smartly and substantially moved the needle on everything from foreign exchange reserves, infant mortality, school enrolment, market capitalisation, foreign investment, and pregnancy deaths, 9 out of 10 of our workers do not work in organised employment. Informal employment—what President Alan Garcia of Peru...
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Left LICks lips for GM fruit
A powerful central CPM leader has said “it is superstitious to completely oppose” genetically modified seeds, a shift that goes against the Left Front stand in Bengal that has a high stake in the debate. “It is superstitious to completely oppose these kinds of seeds. Such seeds could be used after thoroughly ensuring through tests that they would not harm human beings, animals and plants,” S. Ramachandran Pillai, CPM politburo member,...
More »Invisible people by R Krishnakumar
Some 10 lakh to 30 lakh migrant labourers take up skilled or semi-skilled work in Kerala. THE State Bank of India has a branch near the Raj Bhavan in Thiruvananthapuram, in a by-lane on the avenue leading to the Kowdiar Palace, the residence of the former maharajas of Travancore. It is a cosy little place on the first floor of a nondescript building, and the clientele includes the rich and...
More »A grave miscarriage of justice, says Karat
The CPI(M) on Wednesday said the life sentence awarded to rights activist Binayak Sen, convicted by a court in Raipur for sedition, was “a grave miscarriage of justice”. “The evidence presented at the trial by the prosecution was so flimsy and concocted that it is surprising that such a judicial verdict has been given,” party general secretary Prakash Karat said. He said the verdict also pointed to the dangers of having...
More »PM writes to PAC chairman, says ready to appear before panel
Following up on his unprecedented offer, Prime Minister Manmohan Singh today wrote to the PubLIC Accounts Committee probing the 2G spectrum allocation scam, expressing his readiness to appear before it. On a day when Comptroller and Auditor General (CAG) Vinod Rai, whose report projecting a presumptive loss of Rs 1.76 lakh crore to the exchequer in 2G spectrum allocation created a storm, appeared before the PAC, Singh made the offer in...
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