-The Indian Express It underlined that the US government funded the 2017 report which estimated 40 million slaves in the world, including 25 million in the Asia-Pacific. WARNING that “global documentation on slavery is increasingly targeting India as home to the highest number of slaves in the world,” the Intelligence Bureau in a “secret” note has recommended a strong campaign to “discredit” the information and a diplomatic offensive against it. The Bureau submitted...
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Thanks to good rains, cotton output seen rising 4% to 34.5 m bales
-The Hindu Business Line Mumbai: Cotton output is expected to increase 4 per cent to 34.5 million bales (of 170 kg each) in the cotton year ending September on the back of sharp rise in yield. However, the acreage under cotton has dropped 11 per cent to 10.84 million hectares (12.29 million hectares). The yield per hectare is expected to increase to 541 kg from 459 kg, according to the second advanced...
More »In search of a job -Muthukumar K & Seetharaman R
-The Hindu Business Line Prime Minister Narendra Modi promised one crore jobs during the 2014 elections. At the present rate of job creation, this will take 30 years. Muthukumar K and Seetharaman R report on the employment crisis Raj Abraham (name changed on request), a first-year student at a leading management institute in Chennai, is a bit anxious these days. Ask him how his seniors are faring in campus placement and the...
More »Demonetisation hits MSMEs hard, output plunges to 50% of capacity; labour unrest fears haunt sector -Abheri Raychaudhuri
-The Financial Express Ahmedabad: With production having slowed down to about 50% for most micro, small and medium enterprises (MSMEs) since the demonetisation of R500 and R1,000 notes by the Centre, a spectre of unrest is beginning to haunt labour-intensive sectors such as the textile and chemicals units in Gujarat. “There are two lakh registered MSME units in Gujarat, several of which form ancillary units for the textile industry such as for...
More »How to get the weave right -Seema Bathla & Prateek Kukreja
-The Hindu The government must target labour market rigidities to maximise gainful employment in the textile sector. India’s textile and apparel industry is all set for an overhaul as the new National Textile Policy will soon be placed before the Cabinet for approval. The government has already accepted a Rs.60 billion special package for this sector with an aim to create 10 million new jobs in the next three years, attract investments...
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