ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Bombay Dock Labour Board 1948-1994

In pre-independent India, dock workers enjoyed little security of employment. Not only was work intermittent, there were no safety provisions while wages varied from contractor to contractor. With the setting up of the Bombay Dock Labour Board, a modicum of social security was provided for against sudden economic crises and during times of recession. Since the 1980s, however, changes that included the emergence of JNPT, subcontracting of workers, new modes of work, implementation of retirement schemes, among other measures have resulted in financial difficulties for the board. This paper deliberates on the conditions of labour that existed in ports of the pre-independence period and then seeks to analyse the impact of globalisation in context of the dock workers.

Implosion of Japanese Capitalism

For nearly a decade now, Japan has been in the throes of a severe economic and political crisis. The dazzling growth of capitalism in Japan came to an abrupt end in the late 1980s when rising corporate debts and bankruptcies followed alongside overproduction and deflation. The crisis has given rise to a widespread cynicism among the public, who fear the prospect of rising unemployment and declining spend on social security.

Economic Consequences of Gujarat Earthquake

Even though the impact of the earthquake on the Gujarat's GSDP may not exceed a quarter per cent, it presents many challenges. Putting in place a proper policy framework may not only restore normalcy in the region, but can start a recovery boom. Estimating the loss from the earthquake is important for devising policies and drawing up requirements for assistance both from within and outside India. However, given all the limitations of the data, firm estimates of losses from the recent quake will take time to compile. In the interim, quantification is critical for designing relief and rehabilitation packages and implementing them before the onset of the monsoon. This paper is an attempt to estimate the economic impact of the earthquake.

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