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The good is in the detail -S Gurumurthy

-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

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Deregulating Capital, Regulating Labour: The Dynamics in the Manufacturing Sector in India -Atul Sood, Paaritosh Nath, and Sangeeta Ghosh

-Economic and Political Weekly This paper identifies the channels and processes which have increased the vulnerability of employment in the organised manufacturing sector. It explores the exemptions from specific labour regulations accorded to particular activities and locates the anti-labour positions in the arbitration mechanisms under the state and judicial reinterpretations of existing laws. The popular discourse on labour regulation in India has been arguing in favour of labour market flexibility and...

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The world of Green NGOs is as complex as the corporate one -Nitin Sethi

-The Business Standard     Foreign direct investment in the NGO sector is, in fact, no different from the cross-holdings and the FDI web of the corporate world  ClimateWorks, one of the two international non-governmental organisations (NGOs) recently restricted by the National Democratic Alliance government from funding Greenpeace India Society in India, also funds another NGO, Global International, which, till recently, was headed in India by Union Environment and Forests minister Prakash Javadekar. When...

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How the experts sank the UPA -Shekhar Swamy

-The Hindu Business Line     A government run by a bevy of economists with no sense of the ground reality made mistakes. Some really big ones As the new government settles down to tackle the myriad problems confronting it, it's worth taking a quick glance at the principal reasons for the spectacular unravelling of the UPA-2 government. A defining characteristic of UPA-2 was that it was led by an economist and supported by prominent...

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It is obvious why farming is dying -Devinder Sharma

-The Hindustan Times   Chandigarh: The euphoria in the stock markets, after a strong mandate for Narendra Modi, hogs the national headlines. Unfortunately, the loud cries of wailing farm widows have been lost in the noise and clatter that follows. Isn't the continuing agrarian crisis the worst form of policy paralysis? There is a renewed spurt in the number of farm suicides across the country. My colleague Dr GV Ramanjaneyulu of the Centre for...

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