KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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In U.S. actions, the worry of global trade lawlessness -Prabhash Ranjan
-The Hindu The WTO Panel reports are a pointer to the U.S. — the once undisputed trade hegemon — turning away from Free Trade and moving toward growing protectionism In a significant development in international trade law, four separate World Trade Organization (WTO) Panel reports have ruled that the tariffs of 25% and 10% on steel and aluminium, respectively, that the United States (U.S.) had imposed during the presidency of Donald Trump...
More »TN Planning Commission Study -Divya Chandrababu
-Hindustan Times The survey picked Nagapattinam, Madurai and Tiruppur specifically to see how it benefits women in various sectors, such as agriculture, trade and industry. The survey was conducted in August with more than a 1000 frequent travellers and a report was released by the government on Saturday Chennai: A survey by Tamil Nadu’s planning commission has revealed that the government’s flagship scheme providing free bus travel for women in state-owned buses...
More »FTAs: There must be no compromises on health -PT Jyothi Datta
-The Hindu Business Line The negotiations must be conducted in a transparent manner especially on issues regarding intellectual property Every time countries negotiate a trade deal, public health workers are forced to keep their ear to the ground, to ensure there is no trade-off on health. And that seems to be the case this time too, in the build-up to the proposed Free Trade Agreement (FTA) between India and the United Kingdom. Leaked...
More »50 million people worldwide in modern slavery
-Press release by International Labour Organisation dated 12 September, 2022 Latest estimates show that forced labour and forced marriage have increased significantly in the last five years, according to the International Labour Organization, Walk Free and the International Organization for Migration. GENEVA (ILO News): Fifty million people were living in modern slavery in 2021, according to the latest Global Estimates of Modern Slavery. Of these people, 28 million were in forced labour...
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