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Forced formalisation is not healthy -C Rammanohar Reddy

-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...

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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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A misleading story of job creation -Praveen Chakravarty & Jairam Ramesh

-The Hindu India does not create 55 lakh new jobs every year, as claimed by a new report A recent research report titled “Towards a Payroll Reporting in India” authored by the Group Chief Economic Adviser of the State Bank of India and a professor from the Indian Institute of Management, Bangalore has caught the media’s and the Prime Minister’s fancy. Ostensibly, the main objective of the report was to make a...

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Delhi factory fire kills 17 workers

-The Telegraph Delhi: Explosions triggered by a fire ripped through a plastic and firecracker factory in Delhi on Saturday evening, killing at least 17 workers in the capital's worst blaze since the 1997 Uphaar cinema tragedy. "Our firemen reported that the fire was in a firecracker factory at the basement, ground and first floors," chief fire officer Atul Garg said. "It was not a big fire. But explosions inside the factory resulted...

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About 23 per cent girls drop out of school on reaching puberty -Rashmi Verma

-Down to Earth The report emphasises the need to normalise menstruation by looking at behaviour, infrastructure, politics and perception In an aim to make India open defecation-free by 2019, many aspects of sanitation have been undermined, such as usage, maintenance and water availability. A 2015 report by Dasra, a Mumbai-based philanthropy foundation and the Bank of America highlights another key aspect ignored when it comes to sanitation. According to the report based on data...

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