-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
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On the mythology of social policy -Jean Drèze
-The Hindu India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...
More »Deregulating Capital, Regulating Labour: The Dynamics in the Manufacturing Sector in India -Atul Sood, Paaritosh Nath, and Sangeeta Ghosh
-Economic and Political Weekly This paper identifies the channels and processes which have increased the vulnerability of employment in the organised manufacturing sector. It explores the exemptions from specific labour regulations accorded to particular activities and locates the anti-labour positions in the arbitration mechanisms under the state and judicial reinterpretations of existing laws. The popular discourse on labour regulation in India has been arguing in favour of labour market flexibility and...
More »Better Days Ahead: for Insurance Companies and Corporate Hospitals -Amit Sengupta
-Newsclick.in Since being installed in government the BJP's ministers have announced a slew of measures to usher in "better days". True to this pattern, the new government's health minister - Dr.Harsh Vardhan - has articulated a number of priorities in the health sector. None of them come as a surprise as they are true to the BJP's core ideology of further promoting the neoliberal agenda of the previous UPA government. What Dr.Harsh...
More »The world of Green NGOs is as complex as the corporate one -Nitin Sethi
-The Business Standard Foreign direct investment in the NGO sector is, in fact, no different from the cross-holdings and the FDI web of the corporate world ClimateWorks, one of the two international non-governmental organisations (NGOs) recently restricted by the National Democratic Alliance government from funding Greenpeace India Society in India, also funds another NGO, Global International, which, till recently, was headed in India by Union Environment and Forests minister Prakash Javadekar. When...
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