-The Hindu How gender sensitive are the government’s flagship programmes, probes a report to be released today Why is the concept of ‘citizen’ always a male? Why is the formulation of government policies always male centric leaving out the female counterpart that actually constitutes half the population and contributes in equal measure to the economy? Perhaps keeping this in mind, UN Women and economists have come up with a report on eight flagship...
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Indian real wages fell in 2008-11: ILO report-PR Sanjai, Remya Nair and Anuja
-Live Mint Decline came as Labour Productivity grew 7.6%; wage growth remains far below pre-crisis levels globally India’s real wages fell 1% between 2008 and 2011, while Labour Productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...
More »Growthwallahs need to pause and reflect-Anil Padmanabhan
-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...
More »Global wage growth slows despite increases in emerging economies–UN report
-The United Nations Global wages remain far below pre-crisis levels, says a new United Nations report, which points to a continuing slowdown in developed countries alongside increases in emerging economies. The Global Wage Report 2012/13, released today by the International Labour Organization (ILO), shows that global monthly wages grew by 1.2 per cent in 2011, down from three per cent in 2007 and 2.1 per cent in 2010. It also cites huge...
More »Rich Economy, Poor Management -Pranab Bardhan
-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...
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