-The Economic Times The government has removed roadblocks to coal mining by leading business houses and taken the first step to relax scrutiny of corporate expenditure on oil and gas fields, in a burst of action that has cheered investors and industrialists in the languishing energy sector. A group of ministers recommended to the cabinet on Wednesday that Reliance Power's Chhatrasal block, which is attached to the 4,000 mw Sasan Ultra Mega...
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Impact of jobs crisis on youth among issues on agenda of UN labour conference
-The United Nations Nearly 5,000 delegates today kicked off a United Nations forum in Geneva focusing on the global jobs crisis and its impact on youth, as well as social protection and rights at work. The 101st International Labour Conference comes at a time when around 30 million people have been added to the unemployed since the 2008 financial crisis, and nearly 40 million more have stopped looking for employment, according to...
More »With slowing growth, people are now questioning the long-term Indian story
-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...
More »Jobs go missing -TK Rajalakshmi
The World of Work 2012 report presents a bleak picture of the global job situation. FOUR years after the global crisis erupted in 2008, organisations such as the International Labour Organisation (ILO) believe that labour markets still have not fully recovered. The world Economy.is not expected to grow at a sufficient pace over the next couple of years to overcome the crisis. These organisations present some depressing facts: those...
More »The politics of food for the hungry-Aruna Roy & Neha Saigal
The 28th of May, marked as “World Hunger Day,” has come and gone but for Pannu Bai Bhil, every day is hunger day. How does someone dealing with chronic hunger view a day marking her plight? Let those of us who overeat at least take stock of a hungry India pitted against bumper crops, number crunching, technologies for profit, markets, and growth rates. The solution for hunger lies in proper...
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