-Newsclick.in Despite providing capital for an economically and socially disastrous project, World Bank’s International Financial Corporation has claimed immunity from legal action. A fishing community in Kutch, Gujarat, has moved several courts in the United States seeking damages from the International Financial Corporation (IFC). The IFC is the private investment lending arm of the World Bank Group, and is hiding from legal action behind an immunity law. The claims were dismissed by the...

-India Water Portal The editor of a new book that lays out alternative futures for India discusses India, democracy and development with a noted journalist. Alternative Futures: India Unshackled is a new book that dares to imagine what India could be. Published by Authors Upfront, 35 author-activists, researchers and thinkers have drawn upon their experiences to write on alternative political, ecological, economic and sociocultural scenarios that will benefit India in its...

-Livemint.com For the first time during the tenure of the present government, overall inflation of food articles is negative, implying a decline in prices Last week the India Meteorological Department (IMD) presented its first forecast for the monsoon this year. The forecast at 97% of the long period average (LPA) suggested yet a third year of normal monsoon rains, following 2016 and 2017. This should have ideally brought cheer to farmers struggling...

The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...

-Business Standard In the manufacturing sector, 89,000 jobs were created as compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year Job creation in the organised sector rose two-fold to 136,000 in July-September 2017 compared to the previous quarter, largely driven by an uptick in the manufacturing sector, latest official estimates showed. In comparison, job creation stood at 64,000 in April-June 2017...