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The tightrope between production, industrial peace -PK Anand

-The Hindu The Wistron incident is an example of how exploitative labour practices could accompany businesses moving to India Apple’s decision to place its Taiwanese supplier, Wistron Corp., on probation by not giving new orders — after an audit of the serious lapses in labour practices that led to violence in its facility in Narasapura in Karnataka — is a step forward in corporate accountability and ethical business operations. Pressured by Apple’s...

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Economic revival is slowing, key indicators show -Shreya Nandi and Gireesh Chandra Prasad

-Livemint.com Data from the corporate affairs ministry show the setting up of new firms, which indicates investment intent, fell 19.5% in November to 13,453 from the preceding month The tally of newly incorporated companies, as well as electronic permits raised for transporting goods, declined on a sequential basis in November for the first time since April. This loss of momentum in economic recovery after the initial turbulence caused by the pandemic could worry...

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Tried, Tested, Failed: Why Farmers are Against Contract Farming -Shinzani Jain

-Newsclick.in Farmers fear they will have to engage with big traders and agribusinesses on an unequal playing field where these giant corporations will be dictating the terms of engagement. Approved by the government of India in 1988, the Pepsi project was launched to initiate a second agricultural revolution in Punjab. The effects of the first agricultural revolution had faded. Yields of major crops were low. A joint venture among PepsiCo, Voltas and...

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The country should worry about further worsening of economic inequality in the post-COVID period

The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...

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Why do Farmers Fear a Threat to Their Lands? -Shinzani Jain

-Newsclick.in The agitating farmers have time and again voiced apprehensions about losing their land. Will the implementation of the Farm Laws enforce such a change? On December 8, more than 50 lakh people were estimated to have observed a countrywide Bharat Bandh at around 20,000 protest sites, in as many as 22 states in India. The farmers were joined in their agitation by mass organisations, trade bodies, sectoral federations, and about 24...

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