The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...

Noting that it was committed to extending social security cover to all sections, the Government on Tuesday said it had decided to set up a National Social Security Fund for workers in the unorganised sector. “The National Social Security Fund for workers in the unorganised sector would cover weavers, toddy tappers, rickshaw pullers and bidi workers with an initial allocation of Rs. 1000 crore,” the UPA government's Report to the People...

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

There may be succour in store for the exploited lot of `domestic workers' with a key government panel recommending that `placement agencies', which work as mediators in employment of helps, should be regulated. It has also decided that government should ask states to declare minimum wages for these workers. The panel said that the Shops and Commercial Establishments Act, 1953, should regulate placement agencies. If this is implemented, the agencies...

The global platform for action on gender equality and women’s empowerment was fixed in Beijing 15 years ago and international organizations like the ILO, women activists and researchers, policymakers, etc all over the world have advocated for gender equality in the world of work for even longer. Although women constitute almost 41 per cent of the global labour force, yet the productive potential of women workers still remains grossly undermined....