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Still smug about the high growth years? -Ashoak Upadhyay

-The Hindu Business Line Drop the euphoria for a moment - a third of India is seriously poor. And urban poverty has risen sharply The latest report on the number of poor Indians shows a third of the population living below the recalibrated poverty lines. C Rangarajan, a former governor of the Reserve Bank of India and former chairman of the Prime Minister's Economic Advisory Council, was asked to look into the matter...

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Factories Act revamp may signal labour law reforms

-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...

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Why Delhi needs to step back -Lant Pritchett and Gulzar Natarajan

-The Indian Express Most of the dynamism of the Indian economy comes from its states. They must be given more room to chart their growth trajectories In the euphoria surrounding the election results, it is tempting to avoid facing up to the harsh realities of making development happen. Even for those who characterise the election as "the dawn after the dusk", in the new light of day, India's development challenges remain essentially...

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Labour ministry okays new scheme for inspection -Somesh Jha

-The Business Standard   A CAIU will be set up to analyse and collect field data for a transparent and accountable labour inspection system The Union labour ministry has approved a more liberal inspection scheme aimed at simplifying business regulations and bringing "transparency and accountability" in the system. For this purpose, a Central Analysis and Intelligence Unit (CAIU) will be set up to analyse and collect field data "for a transparent and accountable labour...

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In Punjab, migrant paddy workers reap unlikely harvest -Aman Sethi

-The Business Standard   How a law to conserve groundwater led to a better paid and better organised migrant workforce Ludhiana: For some years now, Punjab's fields have lain fallow through the searing dry heat of May; but come June's steamy humidity, small bands of lithe, slender men from Bihar fan out across the waterlogged paddy fields, transplanting rice saplings with fluid efficiency. Bihar's paddy planters have frequented Punjab since the 1960s when rice...

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