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Covid-time demand helps whittle down FCI grain stocks -Harish Damodaran

-The Indian Express The gap between the current and year-ago stocks, too, has narrowed down from over 15 mt to 1.5 mt between June 1 and October 1. Covid-19 may have unleashed all-round economic devastation, but has also turned into an opportunity for whittling down the Food Corporation of India’s (FCI) massive grain mountain. At 68.49 million tonnes (mt), the total wheat and rice stocks in the Central pool as on October 1...

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There is much in the labour codes that needs to be discussed and debated -Ravi Srivastava

-The Indian Express Government’s response to migrants’ plight, economic crisis, has been to unilaterally bring changes in labour laws. But industrial prosperity cannot be built on a race to the bottom for workers. Only weeks ago, India, and the entire world, witnessed the spectacle of the country’s employment precarity pour out on its roads and highways — men, women and children, in distress of having lost jobs, income and shelter, with no...

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Women do most of the heavy lifting in Indian households: NSO report -Abhishek Jha

-Hindustan Times An average Indian woman spends 19.5% of her time engaged in either unpaid domestic work or unpaid care-giving services, according to the survey conducted between January and December 2019. A first-of-its-kind National Statistical Office (NSO) report released on Tuesday puts numbers to a well known fact -- that Indian women bear the brunt of household work and domestic chores. According to the report, the average Indian woman spends 243 minutes, a...

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Briefing Note for Parliamentarians on Labour Law Reforms

-Press release by Working Peoples' Charter dated 21st September, 2020 Amidst the micro and macro-economic crisis of the last 5 years, the union government has aggressively pushed the agenda of labour law reforms -- purportedly to simplify India’s ‘complex’ labour legislations, improve the business environment, and augment growth and employment. These changes, driven primarily by the business fraternity, have been aimed at improving India’s ranking in the ‘Ease of Doing Business’...

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An Expert Explains: Decoding GDP contraction --Neelkanth Mishra

-The Indian Express The contraction seen in first-quarter GDP data is severe, but not unexpected. What should be done — or not done – at the level of govt policy so that the economy gets a chance to rebound as quickly as possible? * How should one read the first-quarter GDP data and the contraction by 23.9%? What signal does it offer for the future? And does it give any idea of...

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