-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...

-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...

-The Business Standard No full stops for forcible acquisition, poor compensation Lawmakers have been tinkering with a new land acquisition regime for a cynically long number of years. However, there is no change at the ground level. The news that a displaced woman in Madhya Pradesh immolated herself last week, starting a Chita (funeral pyre) satyagraha, was buried below the fold in the last page of newspapers. Meanwhile, more and more gross...

-The Hindu Kerala’s Kudumbashree network and the rural employment guarantee scheme have converged to provide a unique model of empowerment An incredible story of empowerment has been unfolding in the wake of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) programme in the State of Kerala. This is the story of how a socially engineered convergence of the scheme with panchayati raj institutions and the State sponsored community network of poor...

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...