At half past four on the morning of July 2, a gang of Naxals donning Central Reserve Police Force (CRPF) uniforms swooped down on the jagged Raunakabad hills and surrounded the tribal village of Kareili in Bihar's Munger district. The band, numbering 60-odd, massed in front of the village mukhiya's house and began rounding up a score of indigent Koda tribals at gun-point. The captives were beaten with INSAS rifle-butts...
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Over half of India's workforce self-employed: NSSO
-The Economic Times Over half the country's workforce is self-employed and women receive less pay than men for similar jobs, latest government data shows. While 51% of the country's total workforce are self-employed, only 15.5% are regular wagers or salaried employees and 33.5% casual labourers, according to a survey by the National Sample Survey Office (NSSO), the key findings of which were released on Friday. The number of people selfemployed...
More »Price rise sharper in rural India, shows data
-IANS The problem of inflation has worsened across India but the price rise has been sharper in rural areas than urban, official data showed Monday. The consumer price index for rural areas jumped by 9 percent in May, while that for urban areas rose by 5 percent, according to data released by the Central Statistics Office. In a bid to monitor price movements in the different parts of the country, the statistics...
More »India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »Government plans 'umbrella law' to tighten scrutiny and regulation of religious trusts and NGOs
The government plans an umbrella law to tighten financial scrutiny and regulation of religious trusts and non-profit organisations as it looks to allay global concerns about money laundering and terrorist financing activities by such entities. It is also likely to make public names of organisations that claim tax exemption to ensure greater transparency. Some of India's religious trusts are among the richest in the world. Last year, Tirumala temple, managed...
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