Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...
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Grim predictions by G Srinivasan
India ranks a dismal 134 among 187 countries in terms of human development index in the UNDP's latest Human Development Report. Against this bleak backdrop, the bugle of caution is rightly sounded by the United Nations Development Programme (UNDP) in its latest Human Development Report (HDR), released in Copenhagen on November 2 jointly by Danish Prime Minister Helle Thorning-Schmidt and UNDP Administrator Helen Clark. As the international community is busy preparing...
More »Reviving Universal PDS: A Step Towards Food Security by Suranjita Ray
An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...
More »Rate now: Rs 85 a day
-The Telegraph The wages for workers of the Terai and Dooars tea gardens were revised at a tripartite meeting in Calcutta today, the hike of Rs 18 making it almost equal to the amount that the workforce in the Darjeeling gardens has been getting since April this year. According to the three-year agreement, the daily wage of the workers will be Rs 85 for the current year, Rs 90 for 2012-2013 and...
More »Striking Maruti workers vacate Manesar plant
-The Business Standard The striking workers at Maruti Suzuki India Limited’s (MSIL) Manesar plant agreed to vacate the factory premise, barely 24 hours after the Punjab and Haryana High Court passed an order asking the workers to move out. In a separate development, the Haryana government referred the strike at MSIL to the labour court for adjudication. The government’s move follows a letter by the MSIL management explaining how the labour unrest...
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