-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

-The Hindu The crisis-ridden textile sector, being labour-intensive, should have been an ideal candidate for a push as part of the Prime Minister’s pet ‘Make in India’ initiative, but as the issues it is mired in remain unresolved, and with losses mounting, the situation is grim. Nearly half of India’s power looms are at a standstill: the spinning industry in the northern and southern regions has pressed in shutdowns of as...

-Outlook New Delhi: Over 8,000 children are working in garment factories in different parts of the national capital, an NGO report has revealed. The report, titled 'The Hidden Workforce', by NGO Save the Children, was today released by Delhi Minister for Women and Child Development Sandeep Kumar. According to the report, over 8,000 children are engaged in the booming Garment Industry and up to 70 per cent of them could be girls. The highest...

-India Today Ahmedabad: IIT-Madras graduate Kannan Lakshminarayan dusted a few copies of "Young India" to find Mahatma Gandhi's vision and initiate cotton farmers to use miniature spinning machines right in their village where they grow the crop and increase their income. Following this, the middleman was out, the long-drawn value chain was short-circuited while farmers became spinners first and subsequently, weavers and even garment makers. In 1920, Mahatma Gandhi had written in...

-The Hindu Business Line Though migration of labour from the east has helped revive the plantations in southern India, questions remain on the long-term implications, Vishwanath Kulkarni reports As the harvest season starts in Coorg, Karnataka, coffee planter MC Kariappa has a lot of issues to contend with - productivity, weather and, the biggest worry of all in recent times, paucity of labourers. So when a dozen labourers from Assam landed at...