Remember Arjun Sengupta Committee Report? It’s the same report which put paid to government’s shifting poverty estimates by asserting that almost 80% Indian survive on less than Rs 20 per day. Known as the National Commission for Enterprises in the Unorganized Sector (NCEUS), the report has gone missing from the public domain. The official website of NCEUS is no more working: http://nceus.gov.in, raising doubts regarding someone, somewhere trying to hide...
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Dalits see smallest rise in wages -Sidhartha
-The Times of India Dalits have once again lost out, this time on wages in rural areas. A first-of-its-kind data released by the Reserve Bank of India(RBI) has revealed that during the last eight years - between April, 2004 and March, 2012 - the daily wages of cobblers in rural areas rose by 95%, the worst show among the 17 categories listed by the government's Labour Bureau. The all-India data compiled...
More »A salary plan that changes nothing -Maya John
-The Hindu Recently during a press conference called by the Ministry of Women and Child Development, the Minister of State (Independent Charge), Krishna Tirath, proposed the formulation of a bill through which a certain percentage of a husband’s salary would be compulsorily transferred to his wife’s bank account to compensate her for all the domestic work she performs for the family. According to the Minister, this percentage of husbands’ salaries would...
More »Let’s not overrate foreign investment -Pulapre Balakrishnan
-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
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