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The Jobs Challenge: From Analysis to Action-Christopher Colford

-World Bank Blog The enormity of the global job-creation challenge is underscored in a comprehensive new analysis by the International Finance Corporation, which issued a wide-ranging Jobs Study at a recent IFC forum  on the urgency of the unemployment crisis. More than 200 million people are now unemployed worldwide – with another 1.5 billion people only marginally employed, and with an additional 2 billion working-age adults neither working nor seeking a...

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The limits of shock and awe: Nandy, Dalits & Corruption -Praful Bidwai

-Kashmir Times If psychologist Ashis Nandy had planned to ignite a potentially ugly controversy at the Jaipur Literary Festival, he couldn't have done better than by insinuating intimate links between corruption and Dalits, Adivasis and Other Backward Classes. After warning that he was about to make a "very undignified" and "almost vulgar" statement, "which will shock you", Nandy said: "It is a fact that most of the corrupt come from the...

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China pledges to narrow income gap

-Al Jazeera Widening wealth gap in Beijing has stoked concerns over its impact on political and social stability. The Chinese government has issued a pledge to narrow the widening income gap between rich and poor, which includes raising its minimum wage and requiring state companies to turn over more profits to pay for social programmes. The pledge on Tuesday promised more spending on health, education and job training but gave few details and...

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Varna Of Money-Uttam Sengupta

-Outlook Caste has nothing to do with graft. Even so, Nandy must be heard. Forging a link, however tenuous, between caste and corruption is akin to saying  that the average Indian male  has sex on his mind, caste and communalism in his heart and indigestion in his tummy. That was an irreverent response to the sweeping statement made by the “ageing enfant terrible” of Indian sociology, Ashis Nandy, during a discussion...

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The great number fetish-Sankaran Krishna

-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...

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