-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...
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Russia’s insistence on U.N. control over the Internet could see collapse of global meet -Shalini Singh
-The Hindu It’s Russia, China, and Arab states versus E.U., U.S. and Japan; India is silent The December 3-14 World Conference on International Telecommunications (WCIT) in Dubai, could collapse if Russia does not back off from its proposal to bring the Internet under the control of the International Telecommunications Union (ITU), thereby subjecting the web to inter-governmental regulation. At the conference’s plenary session, China, Saudi Arabia, Iran and Kazakhstan backed the Russian proposal,...
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 »How Wal-Mart got a foot in the door of India's retail market
-Reuters MUMBAI: Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue. The company, called Cedar Support Services, might have been a more obvious selection four months earlier: it began its corporate life as Bharti Retail Holdings Ltd, according to documents filed with India's Registrar of Companies. The Cedar investment is now...
More »Dalit women pledge to snatch their rights from oppressive social structures -Mohammad Ali
-The Hindu Sunita Devi couldn’t take her Class IX final exams because the date clashed with the day of her marriage. Nine years on, she has not completed her degree course, but teaches other Dalit women who couldn’t continue their studies after marriage. The resident of Baghpat in western Uttar Pradesh was recounting her story to a large number of Dalit women who gathered here on Tuesday as part of the first...
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