Economic Development
6 min read
267

What did the striking Samsung workers want?

October 28, 2024
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Samsung workers’ strike entered its 25th day on October 3, in Kancheepuram. | Photo Credit: B. VELANKANNI RAJ The principal demand of the striking workers of Samsung Electronics India Pvt. Ltd in Sriperumbudur, Tamil Nadu, was that their newly formed Samsung India Workers Union (SIWU) should be registered under the

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Economic Development
5 min read
246

TAMIL NADU | The Hidden Human Side of Industrialisation

October 28, 2024
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At a Dell Computers factory in Sriperumbudur in Kancheepuram district. Tamil Nadu is home to numerous multinationals and ranks among the top States in the ease of doing business criterion. | Photo Credit: REUTERS Tamil Nadu is currently a “boom State”, being a leading manufacturing hub and a major exporter

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Economic Development
6 min read
247

Samsung Workers’ Strike Is a Milestone in Tamil Nadu’s Labour Movement in the Post-Liberalisation Era

October 28, 2024
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When the workers of the Samsung Electronics unit in Sriperumbudur, 40 km from Chennai, went on strike for better wages and improved conditions on September 9, little did they realise that their struggle would evolve into a watershed moment in Tamil Nadu’s labour movement in the post-liberalisation era. When it

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Economic Development
6 min read
173

Modi government shuns populist Budget as focus stays on infrastructure

October 27, 2024
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Union Finance Minister Nirmala Sitharaman during a news conference in New Delhi on February 1. In her last Budget speech before the general election, Sitharaman said that the Central government will increase infrastructure spending by 11 per cent in the coming financial year and curb its fiscal deficit. | Photo Credit:

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Economic Development
7 min read
145

Economic Perspectives | C.P. Chandrasekhar writes: Indians lining up for jobs in Israel exposes India’s unemployment problem

October 27, 2024
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Recruitment drives held over the last week of January, in Lucknow, Uttar Pradesh, and Rohtak, Haryana, for Indian workers to undertake construction and caregiver jobs in Israel have captured global attention. Thousands of job aspirants, who had either registered online or just walked in for interviews, were seen as vying

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Economic Development
5 min read
115

Data | Indian manufacturing sector on its way up post COVID-19: Annual Survey of Industries 2021-22

October 27, 2024
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Employment fell marginally in 2020-21 due to the pandemic but gained momentum in 2021-22 with 7 per cent year-on-year growth in the manufacturing sector, according to the Annual Survey of Industries (ASI). “In fact, the estimated number of persons engaged in this (manufacturing) sector in 2021-22 has exceeded the pre-pandemic level (that is 2018-19) by more

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Economic Development
11 min read
89

Kerala vs Centre: A battle of finances and federalism

October 27, 2024
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“Bharanavum Samaravum” (Administration and Agitation) was the slogan coined by E.M.S. Namboodiripad in 1967 when he was sworn in for the second time as Kerala’s Chief Minister, heading a seven-party alliance. The call for agitation was against what he saw as the Central government’s political and economic discrimination against the

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Economic Development
10 min read
95

Karnataka Cabinet Goes to Delhi in Widening Feud over Funding

October 27, 2024
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The issue is whether Karnataka has been getting rightful share in the devolution of funds between the Union and States, not how it spends the fund. It was both dramatic and unprecedented. The entire Karnataka Cabinet and almost all the elected members of the Congress in the State, led by

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Economic Development
10 min read
87

Follow the money: Supreme Court’s electoral bond ruling marks a significant step in India’s anti-corruption journey

October 27, 2024
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In 2017, then Finance Minister, the late Arun Jaitley, rose to announce a new method of electoral funding. Individuals, associations, and corporations wishing to make donations to political parties could approach India’s largest public sector bank, State Bank of India (SBI) and purchase tax-free, time-limited bearer bonds during certain windows of

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Economic Development
18 min read
143

Is India’s fiscal federalism breaking apart?

October 27, 2024
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Indian federalism is on the verge of a breakdown. Ministers from opposition-ruled States have taken to the streets in New Delhi to protest against discrimination by the Centre. And Prime Minister Narendra Modi, who leads the use of a divisive majoritarian agenda for political gains, has attacked the protesters saying

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