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How India’s informal economy is shrinking, and why that’s good news in the long term -Ila Patnaik and Radhika Pandey

-ThePrint.in Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term. A report issued by the State Bank of India (SBI) last month estimated that India’s informal economy has shrunk to 15-20 percent of the GDP in 2020-21 from 52 percent in 2017-18. The report uses employment and digitisation to assess the extent of formalization in...

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TRIPS Waiver Proposal: Big Pharma Steering Discourse Away From Patent Monopoly -Richa Chintan

-Newsclick.in It appears the stage is being set to scuttle India and South Africa’s IP waiver proposal with regard to Covid vaccines and technology ahead of the 12th WTO Ministerial this month-end. At various global fora, Big Pharma and rich countries have been steadfastly pushing the focus toward supply-side bottlenecks of vaccines and unequal distribution of doses in a bid to steer the discourse away from the more contentious issue of patents...

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SC agrees to examine whether education is service within Consumer Protection Act

-PTI/ The Hindu The Supreme Court has agreed to examine the issue whether education is a service within the Consumer Protection Act. A bench of Justices D.Y. Chandrachud and B.V. Nagarathna noted that a similar legal issue is pending adjudication in another case and tagged the matter along with it. "Having regard to the pendency of Civil Appeal No 3504 of 2020 (Manu Solanki and Others vs Vinayaka Mission University), the issue as...

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Around 5 crore MGNREGA workers and their families will have to spend their Diwali without food & sweets due to pending wages

-Press release by Peoples' Action for Employment Guarantee dated 3rd November 2021 About 8 crore NREGA payments are pending as on November 3, 2021 according to Report 8.1.1 of the NREGA Management Information System (MIS). This means, for nearly 5 crore workers across the country this will be a Kali Diwali. Following the raging debate about NREGA funds running out with 5 months remaining, the People’s Action for Employment Guarantee (PAEG)...

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Misleading’ Statement Puts Centre’s Commitment Towards MGNREGA in Question -Ronak Chhabra

-Newsclick.in On Saturday, the Ministry of Rural Development denied that the rural jobs scheme was facing a shortage of funds. Its response, however, “leaves many questions unanswered,” according to civil society members. Activists have questioned the Centre’s response to media reports on the shortage of available funds for the rural employment guarantee scheme in the current financial year, by alleging that it is “misleading” and that it leaves many raised questions “unanswered.” Last...

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