In the 3 months period following demonetisation, most job cuts happened for casual workers. This has been confirmed by the Labour Bureau's latest Quarterly Report on Employment Scenario in selected sectors. Although overall employment increased in the 8 major sectors of the economy by 1.85 lakhs between 1st January, 2017 and 1st April, 2017, employment of regular workers (1.97 lakhs) increased the most, followed by employment of contract workers (26,000...

-The Times of India NEW DELHI: The government on Friday cautioned people against the risk of virtual currencies, saying they are not legal tender and do not have any regulatory permission or protection in India.   In one of the sternest warnings by the authorities, the government said virtual currencies are not backed by government fiat. The caution comes against the backdrop of a surge in interest in such instruments, fuelled by astronomical...

-The Hindu Business Line Individuals are unable to modify present behaviour for future, collective gains. Wrong policies exacerbate this tendency The thick pall of smoke and noxious gases engulfing Delhi is an ecological catastrophe. Reflective of a very serious failure of governance, it is also reminiscent of another serious malaise afflicting our society. This relates to the gross misuse of common resources. One of the first persons to reflect upon this kind of environmental...

-The Indian Express The report recommended specific provisions in the ministry’s version of the transgender Bill, to safeguard their rights, protect them against discrimination, and provide quotas in government colleges and jobs. The Union Ministry of Social Justice and Empowerment has decided to junk the recommendations of a parliamentary committee report which was the first ever government document to recognise the rights of transgender persons to partnerships and marriage, so that they...

-The Hindu Business Line It was a gratuitous and direct assault on the informal sector by the state The retrospective defence being provided by the Government for its act of suddenly demonetising 86 per cent of the country’s currency is as mindless as the act itself. The main argument for demonetisation that was advanced a year ago was that ‘black money’-holders would not dare to bring their demonetised currency to the banks;...