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...

The much-awaited National Food Security Bill will be introduced in the winter session of Parliament incorporating some major changes recommended by the National Advisory Council, chaired by Congress president Sonia Gandhi. Union Minister of State for Consumer Affairs, Food, and Public Distribution K.V. Thomas told The Hindu on Sunday that the council proposed coverage of the food security scheme from the present 45 per cent to an estimated 63 per cent...

-The Times of India   Planning Commission deputy chairman Montek Singh Ahluwalia on Thursday said Public-Private-Partnership (PPP) projects should be covered under Right to Information (RTI) Act, but government agencies involved in the projects should be asked to provide information under the law. Ahluwalia was in favour of full disclosure by public authorities of all relevant aspects of PPPs and performance under them. "PPP should be covered under RTI Act, but government agency...

Prime Minister Manmohan Singh today reached out to India’s civil society and sought to be in sync with the restive public mood worldwide. Singh warmly appreciated “Anna Hazareji’s movement”, condemning the physical attacks on Team Anna members in recent days, sympathised with the sentiments of the Occupy Wall Street protests and praised the role of the judiciary as central to India’s democracy. In a wide-ranging interaction with journalists on his flight home...

-PTI   Finance minister Pranab Mukherjee today backed the Comptroller and Auditor General (CAG) in the context of reports on various scams, saying the government auditor has not exceeded his jurisdiction.  "I am making it clear that I do not think that CAG is exceeding its jurisdiction or things like that, because basic responsibility of the CAG is to identify, if there is any, lapse," he said during a question-answer session at the...