-DNA The nationwide one day strike according to the trade unions is supposed to be the biggest strike ever in the country. This protest is a strike against the anti-worker economic policies of the government. 10 central trade unions have declared a nation-wide strike on September 2 which is said to impact essential services. This strike is to protest against the changes that have been made in the labour laws by...
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Union Budget likely to provide big thrust to ‘Make In India’ -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The BJP government's 'Make in India' initiative could get top billing in the 2015-16 Union Budget with tax breaks and other measures for several sectors. Make in India is the centerpiece of the Narendra Modi administration's bid to revive manufacturing activities and create millions of jobs. With the Chinese economy slowing, India senses an opportunity in the industrial sector. A blueprint for the 25 identified sectors was...
More »Revisiting rural indebtedness - CP Chandrasekhar
-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
More »Modi's PMO overloaded as ministries go slow on decisions -Nivedita Mookerji, Jyoti Mukul & Sanjeeb Mukherjee
-The Business Standard Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office (PMO), which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely...
More »The other illiteracy-Ramachandra Guha
-The Telegraph In her recent book, Green Wars, the environmental journalist Bahar Dutt, writes: "The editor of a leading media house, everytime I pitched a green story, would invariably complain: ‘Environmentalism is stalling growth; all I am interested in is double-digit growth for this country.'" The idea that environmental protection and economic progress are at odds is widely held among India's elite. It is shared by newspaper editors, economists, businessmen, and, not...
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