-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...
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COVID-19 Impact: 41 Lakh Youth Lost Jobs in India, Says ILO-ADB Report
-TheWire.in/ PTI The young people's employment prospects in Asia and the Pacific are severely challenged due to the pandemic, the report found. New Delhi: As many as 41 lakh youth in the country lost jobs due to the COVID-19 pandemic while construction and farm sector workers account for the majority of job losses, according to a joint report by the International Labour Organization (ILO) and the Asian Development Bank (ADB). “For India, the...
More »Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
More »Reset rural job policies, recognise women’s work -Madhura Swaminathan
-The Hindu As India emerges from the lockdown, labour market policy has to reverse the pandemic’s gender-differentiated impact The COVID-19 pandemic has had a huge impact on women’s work, but as official statistics do not capture women’s work adequately and accurately, little attention has been paid to the consequences of the pandemic for women workers and to the design of specific policies and programmes to assist them. A survey by the Azim Premji...
More »Modi government should embrace NREGA without trying to defend the indefensible -Debmalya Nandy & Rajendran Narayanan
-Scroll.in The government subjected the rural job scheme to systemic shocks but must now scale it up to 200 days of work to combat lockdown losses. The impact of the Modi government’s unilateral decision to impose a two-month-long nationwide lockdown has amplified the crisis faced by India’s 50-crore strong unorganised workforce. A potent option at present to cushion some of the blow is the National Rural Employment Guarantee Act. The law, which was...
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