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Shortages in a labour-surplus economy by N Chandra Mohan

Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...

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Reduce Inequalities to Boost Health, WHO Says by Fabíola Ortiz

Economic status, education, access to clean water and sanitation, nutrition and the environment determine the level of health of persons, communities or countries, and so does the extent to which rights are enjoyed or denied. The World Conference on Social Determinants of Health, held Oct. 19-21 in Brazil, defined 15 commitments that should be undertaken by governments, international organisations, the private sector and civil society.  The final document, the Rio Political Declaration...

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After Army, Congress now voices reservations on AFSPA revocation by Shujaat Bukhari

Omar appeasing radical political elements in the State, says Bhan Amid reports of the Defence Ministry's opposition to the withdrawal of the Armed Forces (Special Powers) Act (AFSPA) from certain areas in Jammu and Kashmir, the Congress, the main ally of the Omar Abdullah-led coalition government in the State, also voiced its reservations. The party also repeated its demand for rotational Chief Ministership after completion of three years of the present...

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Centre reducing States to glorified municipal corporations: Jayalalithaa

-The Hindu   Tamil Nadu Chief Minister Jayalalithaa on Saturday criticised the Central government for seeking to reduce States into the status of “glorified municipal corporations.” In her address to the National Development Council, which met in New Delhi, the Chief Minister, whose speech was read out by Finance Minister O. Panneerselvam in absentia, said that the NDC was a forum to consult with State Chief Ministers, as equal partners in the process...

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SFIO to have powers to prosecute companies by Devesh Kumar

The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali.  The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies.  The government expects the bill to modernise,...

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