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Global alert by TK Rajalakshmi

A recent ILO report focusses on the discrimination in employment opportunities and remuneration and wants governments to act. IN recent years, one of the predominant concerns of international organisations, especially those that have a “rights” perspective, has been the impact of the global downturn on various vulnerable sections across the world. Notwithstanding the fact that many countries have signed and ratified conventions of the International Labour Organisation (ILO) and are...

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Madurai chosen for rural pension scheme

-The Hindu   Madurai has been chosen as one among eight districts in the country by National Bank for Agriculture and Rural Development (NABARD) for implementing a micro pension project for the rural poor. As part of the launch preparations, a stakeholders' workshop was held here on Monday. Representatives of State Bank of India (SBI), Indian Bank, Canara Bank, Indian Overseas Bank (IOB), Tamilnad Merchantile Bank (TMB), Union Bank of India (UBI), Pandyan...

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Give cash some credit by Guy Standing

It would be sad if the potential of cash transfers was lost as a result of hasty posturing by those on various sides of the debate. The fact is that, in India today, poverty and economic insecurity remain endemic in spite of fantastic economic growth. The existing system has failed to arrest the growing number in poverty, despite substantial government spending ostensibly designed to reduce poverty. Could cash transfers help? A...

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Chhattisgarh govt shields tainted IAS officer by Hemender Sharma

The Chhattisgarh government has been exposed for shielding IAS officer Babulal Agarwal, who is worth Rs 253 crores, with 473 bank accounts. He owns 30 companies, set up in the last 11 years and has a life insurance policy worth Rs 85 lakh in his son's name. He was raided by the vigilance department in February last year, suspended and then reinstated. Agarwal is now serving as the Secretary, Corporation, in the Chhattisgarh...

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India versus China by Amartya Sen

The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...

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