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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus

-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...

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When incomes grow, but jobs elude -Sonalde Desai

-The Indian Express The latest NSSO data also underlines the increasing absence of women from the labour market Every time results from one of the "thick" rounds of the National Sample Survey come out, we get into a feeding frenzy, trying to slice and dice the statistics for changes since the previous round. Since NSS large rounds are typically conducted every five years, there is perhaps some sense to it, particularly when...

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Gruel, rice and tamarind water-Brinda Karat

-The Hindu     The Kerala government has not learnt anything from the Attappady tragedy. Nutrition levels of women and children, most of them tribals, continue to remain dismal in the area At the Agali Community Health Centre in Attappady, Palakkad district, Kerala, Kavitha tends to her four-year-old child lying listlessly on the cot, critically ill. The doctor says the child is severely malnourished. He also says there are eight such infants and children,...

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The youth unemployment bill -Manish Sabharwal

-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...

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Nature avenges its exploitation-Maharaj K Pandit

-The Hindu     The catastrophe in the Himalaya is the result of deforestation, unchecked construction of dwellings and large-scale building of big dams A week is a long time in the Himalaya. In the late 1980s, I visited Arunachal Pradesh as a young researcher, with a keen interest in photography. I walked into the middle of the Dibang river, hop skipping over boulders, until my local tribal guide ordered me to return immediately....

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