Suresh Tendulkar created a flutter among policymaking circles when a committee led by him raised the estimate for poor households in the country to 74 million from the Planning Commission estimate of 65.2 million. The former chairman of the Prime Minister’s Economic Advisory Council explained why his numbers are more credible in an interview with ET’s Pooja Suri and Amiti Sen. Excerpts: Why did your committee decide to accept the...
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Min wages for domestic workers? by Subodh Ghildiyal
There may be succour in store for the exploited lot of `domestic workers' with a key government panel recommending that `placement agencies', which work as mediators in employment of helps, should be regulated. It has also decided that government should ask states to declare minimum wages for these workers. The panel said that the Shops and Commercial Establishments Act, 1953, should regulate placement agencies. If this is implemented, the agencies...
More »The Land Bank Ledger by Sugata Srinivasaraju
The Karnataka government is getting ready to host the Global Investors Meet (3- 4 June). A similar jamboree held some years ago, when S M Krishna was chief minister, had been a resounding flop, but this one, the government believes, would be a runaway success. There has been no dearth of publicity for the event in the media and there has been no shortage of roadshows on foreign soil. A...
More »A case of too little, too late or is there some cause for celebration? : The RTE Act 2009 by Dipa Sinha
India’s record in providing education to its children has been very poor. Low education levels have an impact on income, productivity, health status and standard of living. As per 2001 Census, the overall literacy rate of India is still only 65.4%, with many states having a literacy rate less than the national average. While the male literacy rate is around 76%, only about 54% females are literate1. What is important...
More »Mismanaging food
Bizarre are the ways of the government when it comes to managing, or mismanaging, the country’s food economy. On the one hand, it goes on mopping up bulk of the wheat and rice arriving in the mandis to build up its grain stocks, clearly to prevent foodgrain prices from falling below the minimum support price (MSP) level. On the other hand, it plans to offload 3 million tonnes of wheat...
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