-The Hindu The government deserves congratulations for its firm stand at the WTO, which finds support in Rodrik's trilemma The Princeton don Dani Rodrik is one of the world's leading economists. He is a firm believer in and supporter of globalisation. However, he has also posed a famous "globalisation trilemma." A trilemma describes a situation where only two of three things can hold true at the same time. If any two out...
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Changes in labour law will affect half of all factories -Surabhi
-The Indian Express The original Act identifies a factory based on the number of workers employed. More than half the factories across the country may be exempt from the Restrictive provisions applicable under the current legislative framework, with the Factories Amendment Bill, 2014 proposing to revise the definition of a factory by effectively doubling the threshold of the number of workers employed in such a unit. The move is expected to ease...
More »Decline in Homeless Population: Census Data
As the country celebrates 68th anniversary of her independence this year, recent data from the Census 2011 reveals that the population of homeless declined by 8.8% between 2001 and 2011 to reach 17.7 lakhs. This means that 4.5 lakh households (of average household size 3.9) still do not have any shelter to sleep safely. Although the percentage share of homeless in total population is miniscule (i.e. 0.15%), in absolute numbers...
More »End this quibbling over poverty figures -PP Sangal
-The Hindu Business Line The Rangarajan panel has added to the confusion. Let's have one final committee to set things right There is constant confusion in India over BPL (below poverty line) figures proffered by different agencies. The latest is the debate over the Rangarajan Committee's estimates, as against the assessment of the Tendulkar Committee. The difference in their estimates is due to variation in the parameters adopted. In other words, the definition...
More »Saving Agriculture from Drought
-Press Information Bureau/ Ministry of Agriculture Cumulative rainfall till 05.08.2014 was 405.3 mm which is 19% less than normal or Long Period Average (LPA) of 499.3 mm. As per information provided by IMD, out of 620 districts for which rainfall data is available, 251 (40%) have so far received normal/excess rainfall. State Governments are empowered to initiate appropriate relief measures in the wake drought from funds readily available under State Disaster Response...
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