With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...
More »SEARCH RESULT
Jairam turns to CAG for help on NREGA by Sreelatha Menon
In a move most ministries would shy away from, Rural Development Minister Jairam Ramesh has written to the Comptroller and Auditor General (CAG) of India, requesting him for a performance and financial audit of the National Rural Employment Guarantee scheme (NREGA), the most heavily funded flagship scheme of the UPA government. The minister has written to CAG Vinod Rai, who was recently criticised by Prime Minister Manmohan Singh for calling frequent...
More »Dream-health test for govt by GS Mudur
The Planning Commission has received a sweeping set of recommendations that proposes free health care and medicines for diverse needs to all Indian citizens, irrespective of economic means. Whether or to what extent the proposals — described as “even bigger” than the UPA’s blockbuster job scheme — will be accepted will depend on the political and executive leadership. If the government throws its weight behind the initiative, it will effectively mean...
More »The workforce misses the boat
-Live Mint Recent reports of the employment and unemployment surveys of National Sample Survey Organisation (NSSO) have confirmed the fear of jobless growth during 2004-2010. This data has led to much debate, but the overwhelming consensus remains that the recent period of high gross domestic product (GDP) growth has not benefited the majority of workers. Although the debate is yet to settle, there have been arguments for looking at the data closely....
More »Barefoot-An unfinished agenda by Harsh Mander
We have five million children in the labour market, say official figures. Their actual numbers may be four times as many. As a nation, we have failed each one of them… Millions of our children still labour today, in factories, farms, kilns, mines, homes and city waste dumps, when they should be in school or in a playground. We profoundly fail these children, collectively depriving them of education, play, rest, healthy...
More »