-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...
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The quiet grip of caste -Jean Drèze
-The Hindustan Times Some time ago I visited a Dalit hamlet in Rewa district. It was hemmed in on all sides by the fields of upper-caste farmers, who refused to allow any approach road to reach the hamlet. There were short roads inside the hamlet, but they stopped abruptly at the edge of it. The hamlet felt like an island, surrounded by hostile territory. I wondered whether any other country still...
More »Chill of hike freeze-Meghdeep Bhattacharyya
-The Telegraph Kolkata: Owners of potato cold storages today announced a day’s shutdown on Monday and threatened a longer agitation to protest the Mamata Banerjee government’s refusal to allow a rent hike. Many officials termed this as another instance of the “populist” government’s reluctance to raise tariffs. “The rent is our only source of income. Overhead costs have spiralled in the past two years. But the government is not allowing us to increase...
More »That's rich! Starbucks paying staff 25p an hour in new Indian cafes-Nick Owens and Gethin Chamberlain
-Mirror News Tax row coffee chain pays 'poverty wages' despite making £222 million profit in three months TAX row coffee chain Starbucks is paying workers just 25p an hour at its newly-opened stores in India. The pittance falls far below the country’s official living wage and means some staff earn less in a day than the price of the cheapest cup of Starbucks coffee in the UK. Details of the wages emerged as the...
More »Labour troubles back to haunt Hyundai's India operations-Sanjay Vijayakumar
-The Economic Times CHENNAI: Labour troubles are back to haunt Hyundai's India operations, with Leftist labour group Centre of Indian Trade Unions saying at least 300 workers affiliated to it are on an indefinite strike since Tuesday afternoon at the South Korean carmaker's plant in Sriperumbudur, 50 km from Chennai. But the Hyundai management has sought to play it down, saying in a release that the production disruption was limited to only...
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