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End labour informality

-The Hindu   The World of Work Report 2014 catalogues the impressive strides developing countries are making to catch up with advanced nations. But the International Labour Organisation study also contains important caveats on the cost from continuing sharp inequalities. Per capita income has grown on average by 3.3 per cent per annum in 140 countries over the past three decades, as against 1.8 per cent in the advanced economies. But this...

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Majority of people lack proper social protection, UN agency reports

-The United Nations   In the aftermath of the global economic crisis, more than 70 per cent of the world population is without proper social protections, the United Nations labour agency today reported, urging governments to scale up investment in child and family benefits, pensions and other public expenditures. "The global community agreed in 1948 that social security and health care for children, working age people who face unemployment or injury and older...

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The loud cries of farmers' widows have been lost in the din of the Narendra Modi coronation-Devinder Sharma

-DNA   In the midst of the euphoria in the capital markets, after a strong mandate for Narendra Modi, the loud cries of wailing farm widows have been lost in the noise and cacophony that followed. To my mind, this is the biggest policy paralysis that afflicts the country. So when I heard Modi speak at the Central Hall of Parliament the other day: "Ours will be a government that thinks, works and...

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Failed politics, winning economics -James Manor

-The Indian Express   Contrary to conventional wisdom, the UPA lost despite an inclusive, growing economy.   Economists have been busy telling us that the economy decided the election result. We heard it during the campaign and they have been at it again in their post-mortems. They are wrong. Consider some evidence.   Most Indians live in rural areas. Elections are won and lost there. So for any government, it makes good electoral sense to look...

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Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni

-The Hindu Business Line   Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...

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