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A recipe to tear down trade unions -Gautam Mody

-The Hindu The new labour laws are a brutal attack on workers’ ability to safeguard their rights Labour law ‘reform’ has been on the table since 1991 as every government’s favourite solution for economic growth. Yet, there was no consensus between governments, political parties, workers and their trade unions, and employers, on what this meant. Unlike other political formations, the BJP has been in unqualified agreement with employers that the existing labour...

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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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Akshaya Patra governance under lens as 4 high-profile trustees quit in 2020, NGO denies link -Rohini Swamy

-ThePrint.in 4 trustees are ex-Infosys chief financial officers Mohandas Pai and V. Balakrishnan, ChrysCapital co-founder Raj Kondur, and Abhay Jain, adviser to Manipal Education & Medical Group. Bengaluru: NGO Akshaya Patra Foundation (APF) has seen four high-profile trustees resign since February — three within the last month — amid speculation of misgivings within the organisation over governance issues. The four trustees are former Infosys chief financial officers Mohandas Pai and V. Balakrishnan, ChrysCapital...

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Odisha Migrant Workers Return To Gruelling Shifts, Poor Wages -Sunaina Kumar

-IndiaSpend.com New Delhi: In mid-October, machinist Bipin Ramesh Sahu, 38, was flown back to Surat from his southern Odisha village by his former employer, a textile mill owner. Sahu, among the 6.7 million migrant workers to lose their jobs and return home during the lockdown in India, assumed that his employer’s eagerness to re-employ him meant better living and working conditions in Surat--more humane shifts, safety gear, wage cheques instead of...

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Labour Ministry seeks feedback on draft social security rules

-The Hindu They propose to provide the unorganised sector, gig and platform workers access to social security benefits through a government portal. The Union Labour and Employment Ministry has notified the draft rules under the Code on Social Security, 2020, which propose to provide the unorganised sector, gig and platform workers access to social security benefits through a government portal. The Ministry notified the draft rules on November 13 and sought suggestions and...

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