-AFP ILO says by 2018, about 215 million people worldwide are expected to be unemployed Geneva: Global unemployment climbed by five million people in 2013 to 202 million despite green shoots in the world economy, signalling a jobless recovery, the International Labour Organisation (ILO) said on Monday. Business activity is picking up but the misery of unemployment continues to pile up. "We continue to be on an upward trajectory in terms of unemployment in...
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Retail Inflation Slows to 9.87% in December
-Outlook Some moderation in vegetable and fruit prices eased December retail inflation to three-month low of 9.87 per cent, giving the Reserve Bank of India more leeway to manage interest rates. Inflation as measured by the Consumer Price Index (CPI) for November has been revised marginally downwards to 11.16 per cent from preliminary estimate of 11.24 per cent. Vegetable prices on annual basis rose 38.76 per cent in December, a slower pace than...
More »When the burden falls on the poor-Arun Kumar
-The Hindu Policies being pursued in India are based on the growth-at-any-cost model. The poor and the enviroment suffer while the corporates and organised sectors reap the benefits The Aam Aadmi Party, having won the trust vote, is now in the saddle in Delhi. By announcing several measures to benefit Delhiites, it had already impacted the political discourse in the nation. The established political parties are trying to follow suit. Why did...
More »Salaam Mumbai! -Anupama Katakam
-Frontline A report by ActionAid and the Tata Institute of Social Sciences highlights the vulnerability and tragic living conditions of thousands of children who take shelter in Mumbai's streets. IN 1988, the acclaimed film-maker Mira Nair made Salaam Bombay!, a poignantly revealing film on street children in Mumbai. The plot revolves around the protagonist, Krishna or "Chaipau", who is kicked out of his home by his mother for having damaged his...
More »Paradox of Poverty amid Plenty -Jaswant Kaur
-The New Indian Express Most people would have been shocked to read the year-end report that India has been ranked 63rd, much below countries like Pakistan, Bangladesh and Nepal, on the Global Hunger Index (GHI), a yardstick used by the International Food Policy Research Institute (IFPRI) to comprehensively measure global hunger. The index is calculated as an average of three indices-undernourishment, underweight children and low child mortality rate-and is measured on a...
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