-The Times of India NEW DELHI: In a bid to ensure relief to more than four crore construction workers, the Supreme Court on Monday asked the Centre to treat them as formal sector employees by bringing them within the ambit of social welfare laws and provide benefits like paid maternity leave, provident fund and minimum wage. The court directed the Centre to frame a scheme to ensure workers receive proper education,...
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New metric for jobs growth to include informal economy -Prashant K Nanda
-Livemint.com The govt will count jobs created in establishments deploying less than 10 people, which essentially means that shops run by one owner and one employee too will be counted as employment generation New Delhi: Expanding the scope of job creation in the country, the National Democratic Alliance (NDA) government has now decided to start counting jobs created in the non-farm informal sector. The government has asked labour bureau under the Union labour...
More »Data Set for Modi's '7 Million Jobs' Claim Badly Maintained, '30-40% Unclean' -Somesh Jha
-TheWire.in/ Business Standard The Employees’ Provident Fund Organisation data analysed by researchers showed that in some cases, members have received contributions even before their joining date. New Delhi: A presentation made by State Bank of India chief economist Soumya Kanti Ghosh and Indian Institute of Management-Bangalore professor Pulak Ghosh to the Prime Minister’s Office (PMO) in January captured how subscriber data is shoddily maintained by the Employees’ Provident Fund Organisation (EPFO) –...
More »7 mn jobs in FY18? An 'independent study' with government's hand-holding -Somesh Jha
-Business Standard EPFO data given to non-government researchers for the first time. EPFO was unaware of the access The study that claimed 7 million people would be added to the payroll in 2017-18 was triggered by the Prime Minister’s Office (PMO), which had asked the NITI Aayog last October to give “quick indicators for direct or indirect reflections on employment data” to be able to arrive at “desired trends in employment at...
More »Farmer Sutra: Jaitley focuses on the rural sector
-The Hindu In a pre-election Budget, Finance Minister Arun Jaitley serves up a mix of populism and prudence With a clear eye on the Lok Sabha election, Union Finance Minister Arun Jaitley pulled out all the stops in the Narendra Modi government’s last full Budget to promise a better deal for farmers, boost the rural economy and make the poor less vulnerable to health exigencies. Responding to the distress in the agriculture sector...
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