Category: Economics

US, UK, India, China – a statistical comparison

Agriculture GDP and employment account for less than 2% in UK and US. In China and India agriculture GDP % is far less than agriculture occupation %. That means, farmers and agricultural labour are squeezed in favour of services and industry.

Permanent link to this article: http://new-democrats.com/us-uk-india-china-a-statistical-comparison/

NDLF Fight Against Illegal CTS Action

This entry is part 4 of 4 in the series IT Union - Legal Fights

The Union organizer went in person to meet labor inspector at Kancheepuram. The labor inspector has assured that action will be taken within a week.

Permanent link to this article: http://new-democrats.com/ndlf-fight-against-illegal-cts-action/

Federal Reserve’s Money Printing Failure

Federal Reserve’s Money Printing Failure 

Permanent link to this article: http://new-democrats.com/federal-reserves-money-printing-failure/

CTS in trouble? What trouble?

CTS might manage to cover its tracks successfully and come out of this episode with little damage to its top management and shareholders. The losers will be only CTS employees and the public.

Permanent link to this article: http://new-democrats.com/cts-investigations-into-bribery-in-india/

5 times annual salary as severance pay!

At the end of last year (2015) Infosys CFO Rajiv Bansal put in his papers and left to head ride-hailing service Ola’s finance division. Bansal earned Rs 4.72 crore in the previous year. Unlike an average software engineer who is asked to leave the company with 2 or 3 months salary, Bansal got almost 5 …

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Permanent link to this article: http://new-democrats.com/five-times-annuals-salary-as-severance-pay/

US – Productivity increases, income not keeping up!

US Productivity, GDP, Employment and Income : 1953 to 2011 (source) Labour Productivity increased by 600% (from 100 to 600). That is the phenomenal growth of technology has increased output per person employed. But employment grew by only 400% (from 100 to about 400+). That is relatively less people are employed, which may be due …

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Permanent link to this article: http://new-democrats.com/us-productivity-increases-income-not-keeping-up/

China plans massive relocation to fight poverty

Chinese authorities said it will spend 950 billion yuan ($142.4 billion) to relocate about 16 million people out of poor areas nationwide as China strives to meet its poverty eradication goal by 2020. Authorities will offer job training and livelihood support for resettled families and provide a pension and medical insurance. Around 110,000 km of …

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Permanent link to this article: http://new-democrats.com/china-plans-massive-relocation-to-fight-poverty/

Indian IT-BPM industry in 2016 – statistics

Information source Indian IT-BPM Industry FY16 Performance and FY17 Outlook (conversions based on 1$ = Rs 67 rate) To view larger images click on them Indian IT-BPM industry In 2016 16,000 firms 1,000 GIC/MNCs 4,200 tech startups 37 lakh employees 13 lakh women Indian IT BPM Industry Direct Employment in 2015 IT Exports – 17.3 …

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Permanent link to this article: http://new-democrats.com/it-bpm-industry-statistics/

Layoffs at Twitter’s Bengaluru development center as it stops global engineering work

Layoffs at Twitter’s Bengaluru development center as it stops global engineering work

Permanent link to this article: http://new-democrats.com/layoffs-at-twitters-bengaluru-development-center/

Scrap Performance Appraisal

This entry is part 2 of 2 in the series Scrap Performance Appraisal

Permanent link to this article: http://new-democrats.com/scrap-performance-appraisal-2/

8 Hours Labour, 8 Hours Recreation, 8 Hours Rest

This entry is part 2 of 4 in the series 8 hours work day

Permanent link to this article: http://new-democrats.com/8-hours-labour-8-hours-recreation-8-hours-rest/

TCS “Job Enabled Training” Scam!

TCS “Job Enabled Training” Scam! Rs 1 lakh swindled from job seekers! Rs 6,700 salary; 12 hours work; Termination after 6 months! Demand justice to all affected by TCS terrorism. #TCSTrainingScam

Permanent link to this article: http://new-democrats.com/tcs-job-enabled-training-scam-poster/

8 Hours Labour, 8 Hours Recreation, 8 Hours Rest!

This entry is part 1 of 4 in the series 8 hours work day

8 Hours Labour, 8 Hours Recreation, 8 Hours Rest! How many hours a day you work for your company? Some will say 9 hours, some 12 hours or more. Some will say, there is no limit. Very few will say 8 hours a day, 40 hours a week. IT companies have put systems in place …

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Permanent link to this article: http://new-democrats.com/8hours-labour-8hours-recreation-8hours-rest/

IT Employee Gulshan Chopra Suicide!

Permanent link to this article: http://new-democrats.com/it-employee-gulshan-suicide/

TCS Layoff – NLDF combats

This entry is part 3 of 19 in the series Struggle Against Layoffs

Permanent link to this article: http://new-democrats.com/tcs-layoff-nldf-combats/

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