-The Tribune While attracting private capital investments in production, processing and marketing of high-value agriculture, the associated adverse socio-economic implications must be avoided. Last year, Parliament enacted the Farmers’ (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020. It is supposed to empower farmers to get engaged with upgraded value chain partners in a fair, transparent, mutually agreeable and remunerative manner to enhance their income by reducing marketing risks....
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Technology enabled digital labour platforms are not adhering to labour norms, points out new ILO report
Although services provided by the gig and platform workers touch the lives of each one of us, we have little knowledge about the role of digital labour platforms in transforming the world of work. Such digital labour platforms have created unprecedented opportunities for workers, businesses and society. However, they also pose serious threats to decent work and fair competition. A recent report by the International Labour Organisation (ILO) shows that the...
More »The Kerala Model at the crossroads -Subin Dennis
-The Hindu The role of planning and social oversight in the economic development of the State needs to expand further Will the CPI(M)-led Left Democratic Front (LDF) be re-elected in the upcoming polls in Kerala, or will the Congress-led United Democratic Front (UDF) return to lead the government? The election results will have a major bearing on the path of development that the State would take in the coming years. While Kerala’s achievements...
More »China may have become more prosperous in comparison to India in 2020, estimates new study
During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
More »Money vs. happiness -Raghav Gaiha and Veena S Kulkarni
-The Hindu Subjective well-being and income are intricately linked The question whether the rich are more satisfied with their lives is often taken for granted, even though surveys, like the Gallup World Poll, show that the relationship between subjective well-being and income is often weak, except in low-income countries in Africa and South Asia. Researcher Daniel Kahneman and his collaborators, for example, report that the correlation between household income and reported life...
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