-The Times of India In the 21st century, why does the forecast of a deficient monsoon send the same ripple of fear through India as it would 5,000 years ago? The short answer is that for almost 40% of the population, agriculture has not changed — it is still dependent on the "rain god", or the South-West monsoon as it is known today. Here are the facts: about 46% of India's net...
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A bleak Labour Day for unions as govt makes it harder to form one -Somesh Jha
-Business Standard According to a proposal by the Union labour ministry, 10 per cent of the employees or 100 workers will be needed at least to form a trade union Barely a week after trade unions across the country celebrate the Labour Day, the National Democratic Alliance government will meet workers' and industry representatives on May 6 to discuss proposals to make forming unions tougher and union activities more rule-bound. The proposals to...
More »Sick policies, starving farmers -Amit Bhardwaj
-Tehelka Agrarian policies are proving to be an albatross around the neck of ordinary farmers Amon Singh Kevat, 70, a small farmer in Vidisha, Madhya Pradesh, spent three long days in April waiting for his harvest to be picked up from an open plot that served as a mandi (procurement centre for agricultural produce). In need of money for a marriage in the family, Kevat didn’t even go home for meals. But...
More »Is India’s labour market moving towards a May Day situation? -Roshan Kishore
-Livemint.com While economists disagree on the extent of rigidity in India’s labour regime, there is a broad consensus on the need to simplify labour laws After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws—the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment...
More »With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
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