-The Times of India NEW DELHI: The Modi government's demonetisation move seems to have taken the wind out of the sails of an already faltering job guarantee scheme. The number of households getting work in November dropped by 23% compared to the previous month and those being turned back empty-handed jumped to a staggering 23.4 lakh, almost twice the number in October. Compared to the same month last year, work given this...
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Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
More »Route all wages via bank accounts: Govt. -Vikas Dhoot
-The Hindu Industry has expressed concern over the directive New Delhi: The Centre has asked all employers and contractors to ensure that wages are paid to all employees, including casual and contract workers, through cheques or electronic transfers into a bank account. The Chief Labour Commissioner, under the Ministry of Labour and Employment, has also asked firms to get bank accounts opened for all those workers who do not have one already, and...
More »Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, speaks to Outlook
-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
More »Labour's love's lost -TT Ram Mohan
-The Hindu The proposed labour reforms seek to weaken worker protection at a time when the Indian economy is not creating enough jobs, and the right kind of jobs. On September 2, 10 trade unions in India organised what was said to be one of the largest labour strikes in history. An estimated 120 million workers took part. The unions were protesting against the government’s unwillingness to grant a 12-point charter of...
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