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For a universal old-age pension plan-Prabhat Patnaik

With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...

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Cancel the subscription-Subbiah Arunachalam

It has been a slow but steady move to make scholarship freely available Most of us spend a few hundred rupees a year on the magazines we buy for leisure reading or for keeping abreast of current affairs. But if you are a scientist, you may be shelling out a few thousand rupees for the journal your professional society publishes for its members. Of course, if you are a serious researcher,...

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Global jobs crisis expected to continue for some time, warns UN report

-The United Nations The global employment situation is alarming, says a new United Nations report released today, which also warns that recovery is not expected any time soon. The World of Work Report 2012: Better Jobs for a Better Economy – published by the UN International Labour Organization (ILO) – says that around 50 million jobs are still missing compared to the situation that existed before the global economic crisis. It also warns...

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ILO warns of new global jobs crisis, says 50 million jobs lost during crisis still missing

-IANS The International Labour Organisation (ILO) Monday warned of the emergence of a global jobs crisis, noting that around 50 million jobs that were lost during the financial crisis are still missing today. Despite signs that economic growth has resumed in some regions, the global employment situation is alarming and shows no sign of recovery in the near future, the ILO said in a report entitled "World of Work Report 2012: Better...

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Rise in natural resources prices appears to be hurting poor nations-UN report

-The United Nations A sustained rise in prices for raw natural resources and basic agricultural goods is defying long-standing patterns and appears to be hurting poor nations through rising food and fuel costs more than it is helping them through higher revenues for their commodities exports.   That was one of the findings of the Commodities and Development Report 2012, a study launched at the 13th session of the UN Conference on Trade...

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