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Shortages in a labour-surplus economy by N Chandra Mohan

Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...

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Only States can decide on minimum wages: Kharge by D Radhakrishnan

Union Labour Minister inaugurates UPASI conference Action on representations relating to the Minimum Wages Act can only be taken by State governments, said Union Minister for Labour and Employment Mallikarjun Kharge in Coonoor on Sunday. He was inaugurating the 118th annual conference of the United Planters Association of Southern India (UPASI). Referring to the grievances of the planting community over the wage component adding considerably to the cost of production, he pointed...

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How Economic IneQuality Is (Literally) Making Us Sick by Maia Szalavitz

Imagine there was one changeable factor that affected virtually every measure of a country's health— including life expectancy, crime rates, addiction, obesity, infant mortality, stroke, academic achievement, happiness and even overall prosperity. Indeed, this factor actually exists. It's called economic ineQuality. A growing body of research suggests that such ineQuality — more so than income or absolute wealth alone — has a profound influence on a population's health, in every socioeconomic...

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Too much information? by Vineeta Bal

Infant deaths resulting from a recent clinical trial in India have led to a media outcry. But few have considered how explosive these revelations actually are, or the problematic use and application of the Right to Information Act. When India’s Right to Information Act came into force in 2005, the legislation’s text acknowledged the conflict that could arise from revealing certain information, pointing out that there was a need to ‘harmonise’...

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25 years on, not many consumers aware of their rights

-The Hindu   Consumer Protection Act exists since 1986 In the 25th year of enactment of the Consumer Protection Act (COPRA), 1986, in the country, a majority of the population in Rajasthan has not even heard about the law, not to speak of making use of its provisions to protect their rights as consumers. A recent field research survey indicated that 63 per cent of the people in the State have not heard of...

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