Prakash Karat today came close to thanking Mamata Banerjee, not for defeating the Buddhadeb Bhattacharjee government but for thwarting the Manmohan Singh government. “Will be very happy if she hijacks our issue,” the CPM general secretary said in reply to a question whether Mamata had snatched the Left’s plank on foreign direct investment in retail. After the pat — presumably in jest — came the prod. “I think Trinamul should not be...
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Inequality rises in India, says OECD
-PTI India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...
More »Durban talks unlikely to result in climate change deal by Fiona Harvey and John Vidal
With only three more days of negotiations to go, UN chief Ban Ki-moon says agreement may be 'beyond our reach – for now' A global legally binding deal on climate change is likely to be off the table, at least "for now", the United Nations secretary-general has said in his most downbeat assessment of the talks. Assessing the nine days of negotiations at Durban so far, Ban Ki-moon told delegates: "It may...
More »UN says pact unlikely as BASIC group rejects cuts by Alessandro Vitelli & Kim Chipman
China, India, Brazil say a pact must recognize the historical responsibility of nations that caused the problem to act first United Nations (UN) secretary general Ban Ki-moon said a global warming treaty may be beyond our reach this week as India and China rejected pressure for developing nations to adopt mandatory pollution targets. “We must be realistic about the opportunity of a breakthrough in Durban,” Ban said at UN climate talks...
More »Poor social security, a major concern for workers in Asia-Pacific region by Meena Menon
While Asian economies boomed before the global recession in 2008, the fruits of that progress did not translate into better wages or secure employment conditions for workers in the region. The International Labour Organisation (ILO)'s Asian Decent Work Decade launched in 2006 was aimed at five priority areas of competitiveness, productivity and jobs; labour market governance; youth employment, managing labour migration and local development for poverty reduction. Today workers' unions are...
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