Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...
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How Economic Inequality Is (Literally) Making Us Sick by Maia Szalavitz
Imagine there was one changeable factor that affected virtually every measure of a country's health— including life expectancy, crime rates, addiction, obesity, infant mortality, stroke, academic achievement, happiness and even overall prosperity. Indeed, this factor actually exists. It's called economic inequality. A growing body of research suggests that such inequality — more so than income or absolute wealth alone — has a profound influence on a population's health, in every socioeconomic...
More »Media and issues of responsibility by Markandey Katju
The Indian media display certain defects. These should ideally be addressed and corrected in a democratic manner. But if the media prove incorrigible, harsh measures may be called for. The time has come when some introspection by the Indian media is required. Many people, not only those in authority but even ordinary people, have started saying that the media have become irresponsible and wayward, and need to be reined in. Only a...
More »Bharat catching up with India by Amitabh Sinha
In the gathering gloom of slowing growth and political drift, comes some good news to brighten up the festival season. The latest Human Development Report, released today, shows that “inclusive growth” — the mantra of the entire political establishment — may not be just a mere slogan. Socially and economically weaker sections, like Scheduled Castes, Scheduled Tribes and Muslims, are finally catching up with the rest of the country on important...
More »Raipur hosts put foot down, told Bedi can’t pay you twice for same flight by Ashutosh Bhardwaj
Former IPS officer and Team Anna’s Kiran Bedi claimed today that she was only trying to “save money” to educate children when she claimed full air fare — in many cases, even Business class — from her hosts while buying Economy at 75% discount thanks to her police gallantry medal. At least one host put its foot down. Referring to the The Indian Express report, Chhattisgarh, an evening newspaper, today reported on...
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