-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
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Mean and petty labour reforms -Colin Gonsalves
-The Hindu Even decades after independence, the introduction of a ‘secret ballot' for labourers to recognise trade unions remains elusive The National Democratic Alliance government, on June 5 and June 17, notified the proposed amendments to the Factories Act, 1948 and the Minimum Wages Act, 1948. Given that the process of amendments began in 2008 and went through a number of expert committees, one would have expected the amendments to be carefully...
More »Two chaiwallahs and a budget -Sowmya Kidambi
-The Hindu Unlike the success story of the tea stall owner who became Prime Minister, there are many others whose dreams have been forgotten. But their lives have been rebuilt by MGNREGA Right next to the village home in Devdungri, Rajsamand, Rajasthan where I lived and worked with Mazdoor Kisan Shakthi Sangathan from 1998, live Chiman Singh and his wife Meera. Both of them used to migrate to Ahmedabad for six months...
More »Still smug about the high growth years? -Ashoak Upadhyay
-The Hindu Business Line Drop the euphoria for a moment - a third of India is seriously poor. And urban poverty has risen sharply The latest report on the number of poor Indians shows a third of the population living below the recalibrated poverty lines. C Rangarajan, a former governor of the Reserve Bank of India and former chairman of the Prime Minister's Economic Advisory Council, was asked to look into the matter...
More »Poverty estimates trigger debate
-The Telegraph C. Rangarajan today defended his calculation that three out of 10 in India are poor, saying the poverty numbers provided by him were not conservative estimates and the methodology was on a par with global standards. The expert group headed by Rangarajan dismissed the Suresh Tendulkar committee's methodology and estimated that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population. The BJP-led...
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