-The Hindu The proposed labour reforms seek to weaken worker protection at a time when the Indian economy is not creating enough jobs, and the right kind of jobs. On September 2, 10 trade unions in India organised what was said to be one of the largest labour strikes in history. An estimated 120 million workers took part. The unions were protesting against the government’s unwillingness to grant a 12-point charter of...

-Hindustan Times The International Monetary Fund (IMF) has called on governments to incorporate pro-women fiscal measures in budgets, so as to bridge the gender gap. In its first-ever global review of the use of tax and spending policies to promote gender equality, IMF has found that financial policies in Union and state budgets have helped gender parity. Highlighting changes across 80 countries, the IMF study, Tackling Gender Inequality, says fiscal policy efforts were...

-Livemint.com IMF points to problem with redistribution of incomes as high growth rates are not reducing inequality New Delhi: The International Monetary Fund (IMF) has warned that both India and China face the social risk of growing inequality. By implication, it is suggesting that there is a problem with the redistribution of incomes in both these economies as high economic growth rates are not reducing inequality. In its regional economic outlook for Asia...

-PTI The upcoming Budget will be citizen-centric with a focus on farm sector, job creation and eradication of poverty, Minister of State for Finance Jayant Sinha said today. The upcoming Budget will be citizen-centric with a focus on farm sector, job creation and eradication of poverty, Minister of State for Finance Jayant Sinha said today. This will be the second full-fledged Budget of the ruling NDA government, and will be unveiled in Parliament...

-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...