-PTI London: Leading UK retail chains such as John Lewis and Habitat have withdrawn granite products from their range over fears of child labour and slavery within its Indian supply chains. Businesses selling granite products such as kitchen worktops and tiles are scrutinising the source of their products after global investigators discovered that debt bondage, underage workers and unsafe, unhealthy working conditions are part and parcel of daily working life in Indian...
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Ensure safety of customers' lockers: RBI to banks
-PTI New Delhi: The Reserve Bank has asked banks to ensure customers’ lockers remain safe and there is “no negligence” that could render banks liable to claims by locker holders, Parliament was informed today. Besides, banks are being probed by the fair trade regulator CCI for alleged cartelisation in providing locker services to their customers. In a written reply to the Rajya Sabha, Corporate Affairs Minister Arun Jaitley said there is no specific...
More »A new economics for a better world -Simon Sweeney
-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...
More »The popularity of low-cost canteens shows food security is still a dream for many -Cherian Thomas
-Hindustan Times Low-cost State-sponsored food schemes are mushrooming across India. Inspired by Tamil Nadu’s Amma Canteens – where meals are sold for as little as Rs. 5 - Andhra Pradesh, Odisha, Telangana and Rajasthan have followed suit and started similar canteens in their states. Madhya Pradesh too is planning to launch a similar subsidised food scheme. The growth of such canteens across India underscores several issues related to the Right to...
More »Centre may rope in banks to boost forest cover -Vishwa Mohan
-The Times of India NEW DELHI: All banking institutions in India may soon chip in to increase India's forest cover in a coordinated manner. If the environment ministry has its way, all banks will be asked to join the central and the state governments in their ongoing efforts of afforestation. The move will be part of one of the 10 ways, identified by the Centre, to reach India's key climate goal. As...
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