-The Times of India NEW DELHI: A survey carried out in January last year by the Indian NGO SAVE reveals that young, unmarried women working in the garment manufacturing units of Tamil Nadu are tied to their employers in a system of bonded labour. Tamil Nadu is the largest cotton yarn producing state in India, home to about 1,574 of India's spinning mills. There are an estimated 2,24,000 women workers in...
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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...
More »Crony capitalism or plain corruption?-Arvind Virmani
-The Hindu Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...
More »A raw deal for migrants-Jayati Ghosh
-Frontline Significant part of economic migration is still the result of desperation rather than hard-headed economic calculation. This, in turn, affects the conditions under which workers migrate and their lives and work as well. PERHAPS the most poignant moment in the film Peepli Live-even though the movie is really more about the media than about the socio-economic realities of India-is at the very end, when the hapless protagonist, now a former farmer...
More »International garment brands not transparent about labour exploitation by their Indian suppliers: report -M Suchitra
-Down to Earth 100,000 young children and teenage girls are victims of 'bonded labour' in Tamil Nadu; dalit girls worse off An international organisation working for welfare of workers has drawn attention to the hazardous and exploitative working conditions of young girls working for the garment sector in Tamil Nadu. An estimated 100,000 children and teenage girls are working in extremely oppressive conditions in the spinning mills and garment factories in Tamil Nadu,...
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