-Livemint.com The actual determination of MSP is driven by a ‘business as usual’ practice of incremental increases in line with past trend, combined with the political need for ‘look good’ optics The recent increase in the minimum support prices (MSP) for major kharif crops has reignited the debate about food price policy. Some analysts believe that the increase has been excessive, that it will push up inflation, both directly and also indirectly...
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3 out of 4 workers in India fall in vulnerable employment category: ILO
-Business Today Apparently it is not just jobless growth that we should be worrying about. Rather, according to a new report by the International Labour Organization (ILO), a far greater concern is the fact that vulnerable employment is on the rise. According to the World Employment and Social Outlook: Trends 2018 report, while the global unemployment rate is expected to stabilize at around 5.5% over the next couple of years, the...
More »77% of Indian workers to have vulnerable employment by 2019: ILO -Prashant K Nanda
-Livemint.com Despite economic growth, 72% of workers in South Asia including India and 46% in South-eastern Asia will have vulnerable employment by 2019 New Delhi: The Asia-Pacific region will add 23 million jobs between 2017-19, aided by employment growth in South Asian nations, including India, according to the International Labour Organization (ILO). But a lot of the jobs being created are of poor quality despite strong economic growth and some 77% of workers...
More »Social security still a raw deal for many -Garimella Subramaniam
-The Hindu The goal of comprehensive social security coverage remains a mere slogan in many parts of the world A recent global report on social security could serve as a useful starting point to understand the appeal of populism across the world. The World Social Protection Report 2017-19 of the International Labour Organisation could also be viewed as a blueprint for action by political parties of the mainstream. A vast majority of people...
More »India slammed for slavery, we need to counter: IB to Govt -Jay Mazoomdaar
-The Indian Express It underlined that the US government funded the 2017 report which estimated 40 million slaves in the world, including 25 million in the Asia-Pacific. WARNING that “global documentation on slavery is increasingly targeting India as home to the highest number of slaves in the world,” the Intelligence Bureau in a “secret” note has recommended a strong campaign to “discredit” the information and a diplomatic offensive against it. The Bureau submitted...
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