-The Times of India In English Vinglish, her big comeback movie last year, Sridevi's Shashi Godbole was a small-scale caterer in Pune before the movie's arc took her to the US. We saw her efficiency at making boondi laddoos, we saw that her clients loved them and we know she made a little money from it. But we also saw how little her enterprise mattered to her family, and that her...
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The great jobs disaster-CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line In much of the discussion on the turnaround after the Great Recession, attention has been focused on financial consolidation and the halting return to growth. Far less attention has been paid to the persistence of high and even rising unemployment and its sources. In the desperate search for evidence that the global recession has bottomed out and the recovery has arrived, the story told by the long-term trend...
More »Building euphoria-Himanshu Upadhyaya
-Frontline But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...
More »From Rags to Penury-Ranjit Devraj
-IPS News India's planners worry about ‘jobless growth', but perhaps nothing illustrates this phenomenon better than a policy of handing over the collection and disposal of the capital's refuse to large private corporations, leaving close to 50,000 ragpickers unemployed. For decades ragpickers provided a service to this city, scavenging waste for recyclable plastic, aluminium, glass and other materials, and earning a livelihood by selling their pickings to contractors with equipment to process...
More »The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray
-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...
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