The current impasse in Parliament has created a logjam that threatens to disrupt the proceedings of the winter session. The latest reason that has brought the situation to such a pass is the decision of the Union cabinet to permit foreign direct investment (FDI) in the multi-brand retail sector, opening the way for international supermarket giants like Wal-Mart, Carrefour and Tesco to open their shops in India. While the Cabinet does...
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Wanted: more jobs by TK Rajalakshmi
The annual report of the International Institute for Labour Studies projects a grim future for employment prospects. WITH the United States and much of Europe grappling with the slowdown in their economies and the resultant social unrest, the publication of the World of Work Report 2011: Making Markets Work for Jobs could not have come at a more opportune moment. Brought out by the International Institute for Labour Studies, which was...
More »Fighting for the 99 per cent in times of austerity
-The Hindu As the head of the largest trade union federation, Sharan Burrow represents the face of the worker at the high-tables of the world. Ms Burrow is the general secretary of the International Trade Union Confederation (ITUC), which represents 175 million workers in 153 countries. Ahead of this week's G20 Summit in Cannes, Ms. Burrow has, in meetings with the International Monetary Fund (IMF) and European leaders, warned of the...
More »Women Losing Ground in Economic, Political Equality by Sandra Siagian
While gender equality ratios have improved in 85 percent of countries over the past six years, economic participation and political empowerment for women has failed to match the steady progress of health and education, says a new report by the World Economic Forum. The report, "Global Gender Gap", compiled by Ricardo Hausmann from Harvard University, Laura Tyson from University of California, Berkeley and Saadia Zahidi from the World Economic Forum, illustrates...
More »Jobs crisis could spark unrest: ILO by Larry Elliott
Coming months ‘crucial' The International Labour Organisation has warned that a jobs crisis caused by the slowdown in the global economy threatens a wave of widespread social unrest engulfing both rich and poor countries. Highlighting the darkening prospects for employment, the Geneva-based ILO said policymakers were running out of time to head off a double-dip recession in labour markets. “We have reached the moment of truth,” said Raymond Torres, director of the...
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