THIRUVANANTHAPURAM, India , Jun 28 2012 (IPS) - Nurses in India are up in arms against the deterioration of the nursing profession in the country, including unfair wages and the policies of private hospital managements. Many exploited female nurses are leaving the country in droves, migrating to countries that offer better employment prospects and working conditions. Those that remain are taking to the streets, demanding decent pay and the enforcement of labour...
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World Bank urges India to make PF must for formal staff-Vikas Dhoot
-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...
More »More, better jobs in India, says World Bank report by Kalpana Kochhar
India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Markers and Supermarkets by Sukanta Chaudhuri
Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...
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