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Lopsided growth by Venkitesh Ramakrishnan

U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...

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Sites' defiance of IT Act sparked face-off

-The Times of India   Existing Indian laws, as defined by the IT Act, is viewed by experts and most website organizations as "reasonable". The government has already a set of detailed laws to deal with user generated content on websites - but the refusal of some foreign social networking sites to comply with notices sent under these laws has led to the current face-off.  Under the IT Act, an intermediary (a website...

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Inequality rises in India, says OECD

-PTI   India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...

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Poor social security, a major concern for workers in Asia-Pacific region by Meena Menon

While Asian economies boomed before the global recession in 2008, the fruits of that progress did not translate into better wages or secure employment conditions for workers in the region. The International Labour Organisation (ILO)'s Asian Decent Work Decade launched in 2006 was aimed at five priority areas of competitiveness, productivity and jobs; labour market governance; youth employment, managing labour migration and local development for poverty reduction. Today workers' unions are...

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Getting the FDI in Retail Debate Back on Track by Mohan Guruswamy

The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...

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