-The United Nations Nearly 5,000 delegates today kicked off a United Nations forum in Geneva focusing on the global jobs crisis and its impact on youth, as well as social protection and rights at work. The 101st International Labour Conference comes at a time when around 30 million people have been added to the unemployed since the 2008 financial crisis, and nearly 40 million more have stopped looking for Employment, according to...

The World of Work 2012 report presents a bleak picture of the global job situation. FOUR years after the global crisis erupted in 2008, organisations such as the International Labour Organisation (ILO) believe that labour markets still have not fully recovered. The world economy is not expected to grow at a sufficient pace over the next couple of years to overcome the crisis. These organisations present some depressing facts: those...

Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...

Mamata Banerjee today said private investors “are staying away from Bengal because land is not available for them”. However, she laid stress on the importance of public sector projects — the state has attracted some — saying “public sector investment is also investment”. The chief minister, whose government’s hands-off policy on land acquisition has so far acted as a deterrent for private industry, said at a railway programme in Hooghly’s Dankuni: “The...

Maintaining his pro-Adivasi approach, Union Rural Development Minister Jairam Ramesh on Monday said the time had come to make changes in the country's economic policy keeping the interests of the Adivasi population in view. “Though the country has achieved enough economic progress, the benefit of our economic policy has not reached the Adivasi people so far. The injustice done to the Adivasis needs to be corrected with concern and care,” Mr....