-The Business Standard The to-do over retail FDI signals that the political class is anti-reform The political drama over the opening up of the retail sector to foreign investment is significant, not on account of whatever might happen to the immediate issue, but for what it says about the prospects of any kind of economic reform. In and of itself, the opening up of the retail sector is not hugely important, except...
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NREGA leaves textile, handloom sectors gasping by Seema Sindhu
UPA’s much-publicised scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), is not creating labour shortage for agriculture and dairy production alone, but the textile and handloom sectors are also facing the heat on this count. A Working Group report on textile and handloom sectors has noted that the scheme was drawing skilled weavers to ‘unskilled’ MGNREGA. It says that high-end weavers are sticking to the profession, but low-end weavers are...
More »An interview with Jayati Ghosh, winner of the ILO Decent Work Research Prize
Decent Work Research Prize laureates Professor Jayati Ghosh and Professor Eve C. Landau addressed the ILO Governing Body of the International Labour Organization (ILO) on 11 November, calling for economic policy reforms based on decent work to meet current challenges in global Labour Markets. The Indian economist Jayati Ghosh was also among the thousands of people at the annual International Labour Conference in Geneva. World of Work spoke to Ms....
More »Cap & trade, Nrega style by Subhomoy Bhattacharjee
Good sections of rural India don’t want NREGA any more, showing the government spending pattern on the scheme. Since a large percentage of the village labourers have moved to the cities, it makes far better sense to develop an unemployment dole for them. The subtext is an accounting arrangement that ensures that like NREGA, the government can keep on rolling out similar entitlement programmes like the proposed Food Security Act, but...
More »UP is home to people with dangerously wide gaps in skills, income and caste by Saurabh Johri
If Uttar Pradesh was to be declared a separate country today, it would be the sixth-largest nation. With a total population at par with Brazil, population density comparable to that of the UK and per-capita income similar to Kenya's, it indicates the paradox of its citizen occupying the same space as his Latin and UK counterparts, yet living in conditions similar to those in Africa. Setting this hypothesis aside, let us...
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