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Factories Act revamp may signal labour law reforms

-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...

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Making a hash of it -Ajay Vir Jakhar

-The Indian Express Modi government's potato policy will prove counter-productive. Onions and potatoes take centre-stage again. Having secured a mandate based on people's unhappiness with continuously high and painful food inflation, the government's inability to control prices is, understandably, sending shivers down the BJP's spine. Fulfilling the aspirations of urban voters and winning over a thoroughly exacting Delhi electorate, where re-elections are due, are essential to the BJP's game plan to succeed....

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Having a free press is a necessary condition for responsive government and reduced corruption -Prasanna Tantri

-The Times of India   Last month's general election brought the role of media under the spotlight. Media faced severe criticism from political parties, intellectuals and industry insiders for allegedly being partisan during elections. A large section of mainstream media has been castigated as "paid media" by social media enthusiasts. In this context, however, a great deal of work already exists in the political economy literature analyzing the real effects of having a...

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A great leap forward for agriculture -Bhavarlal H Jain

-The Hindu Business Line     A set of technologies that deals with production and marketing constraints can work wonders Indian agriculture faces herculean challenges today; yet, the near- and the medium-term outlook on agriculture and agri-businesses seem bright. Growing urbanisation and changing food habits, malnutrition plus declining areas under foodgrain pose a big threat to food security. Agriculture and food production are strongly influenced by international trade, credit availability, development co-operation, climate change and environmental...

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India's non-solutions for reducing inequality-Rajiv Shastri

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

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