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India’s Informal Economy: 400 Million Strong, Little Or No Access To Workplace Benefits -Angelo Young

-International Business Times   Consider this: There are 400 million Indians with no access to workplace benefits, such as social security, health insurance or unemployment insurance, a number higher than the population of the United States and Canada combined, according to a Delhi-based group of economic researchers. So, as the United States grapples with growing income inequality, it takes a country like India to put some of those economic and working realities into...

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Over 3 lakh bonded labourers work in Rajasthan

-The Times of India   JAIPUR: Babu Bhai, a sahariya adivasi in his 50s, spent 24 years of his life as a bonded labourer at Umrao Singh's farm at Chainpura in Kishanganj, Baran district. His father had died when he took a loan of Rs 3,000 and that led to his bondage with no reprieve. When his brother died, Umrao Singh did not let him attend his brother's funeral as he had...

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The world of Green NGOs is as complex as the corporate one -Nitin Sethi

-The Business Standard     Foreign direct investment in the NGO sector is, in fact, no different from the cross-holdings and the FDI web of the corporate world  ClimateWorks, one of the two international non-governmental organisations (NGOs) recently restricted by the National Democratic Alliance government from funding Greenpeace India Society in India, also funds another NGO, Global International, which, till recently, was headed in India by Union Environment and Forests minister Prakash Javadekar. When...

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Disadvantaged groups have little access to public goods, says India exclusion report -Jitendra

-Down to Earth   Most severely and consistently excluded groups are women, Adivasis, Muslims and the disabled, report confirms A recent report by a Delhi NGO undermines government claims on reaching welfare schemes to the needy and disadvantaged sections of society. The report, titled The India Exclusion Report 2013-14, says the government has failed miserably in providing equal access to public goods to the most disadvantaged groups. The report, prepared by Delhi-based Centre for...

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India up one slot, 15th on millionaire households list

-PTI   New York: India had 175,000 millionaire households in 2013, ranking 15th in the world, according to a wealth report which said the total number of millionaire households in the world rose to 16.3 million last year. The Boston Consulting Group's 14th annual report on the global wealth-management industry ‘Riding a Wave of Growth: Global Wealth 2014' said global private financial wealth grew by 14.6% in 2013 to reach $152 trillion. The rise...

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