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Post-Lockdown, Workers Demand More Work, Better Wages Under Rural Jobs Scheme -Rajat Kumar

-Hindustan Times Dungarpur: India’s rural employment guarantee scheme is falling short in helping residents tide over the economic distress caused by the COVID-19 outbreak and the subsequent lockdown restrictions, data from Rajasthan suggest. Nearly 43% households who took up work under the scheme in Dungarpur, a largely tribal district in southern Rajasthan, had completed more than 50 of their 100 days of work in the first four months of the current financial...

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People's Bank of China acquires stake in ICICI Bank

-The Telegraph Move comes amid the standoff between New Delhi and Beijing in Ladakh and Modi govt tightening its rules on FDI from the country Mumbai: The People's Bank of China (PBOC) — the Chinese central bank — is using the portfolio route to pick up stakes in Indian companies amid the standoff between New Delhi and Beijing in Ladakh and the Modi government tightening its rules on foreign direct investment (FDI)...

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‘Lockdown hit 9.2 lakh women in need of abortion services’

-The Hindu Domestic abuse among hurdles faced by them, says report A staggering 90% or 9.2 lakh women in India estimated to require abortion services could not access them between January and June because of the stringent COVID-19 lockdown. They are among the 13 lakh women who couldn’t get any kind of sexual and reproductive health services, many of whom were impeded because of domestic abuse, according to a report launched by Marie...

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6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana

-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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‘Lockdown takes toll on 18.9 mn salaried jobs, informal sector shows silver lining’

-The Indian Express The plight of salaried employees has worsened since the lockdown, with a loss of 17.7 million salaried jobs in April, additional 0.1 million jobs in May, followed by gain of 3.9 million jobs in June and then again loss of 5 million jobs in July, it said. New Delhi: Salaried jobs suffered the biggest hit during the lockdown, with total loss estimated to be at 18.9 million during April-July,...

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