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Thomas Piketty, Professor of Economics at Paris-based School of Advanced Studies in the Social Sciences and expert on inequality, interviewed by Narayan Lakshman (The Hindu)

-The Hindu Nationalism is not going to solve the big problems, says the economist. If the catastrophic human toll of the ongoing COVID-19 pandemic was the first wave to strike the world this year, its severe economic consequences – including loss of livelihoods of the poor across countries, leading to massive internal displacement and starvation in many cases – have been the second wave. It is in this context that the seminal work...

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Changes proposed to labour laws are unconstitutional -Arundhati Katju

-The Indian Express Rather than encouraging workers to return by securing wages and improving working conditions, the amendments introduced by the states are removing basic labour law protections. In the wake of the migrant crisis, several states have amended existing labour laws, either suspending them altogether or increasing working hours. The Prime Minister’s address on May 12 also indicated legal changes in the offing, which will doubtless include amendments to labour laws....

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Will farmers get a better deal after recent reforms? -Roshan Kishore

-Hindustan Times India has moved from a food-scarce economy to a net exporter of food. However, food production does not guarantee food security. Affordability is what matters. New Delhi: The government has announced major agricultural policy changes as part of the economic package it has unveiled in the wake of the Covid-19 pandemic. These include deregulation of farm foods from the Essential Commodities Act (ECA). Farmers have also been allowed to sell...

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Enough with the lofty rhetoric. It’s time to let the money do the talk -Himanshu

-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being revealed by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...

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Are India’s labour laws too restrictive? -Suresh Seshadri

-The Hindu For employers, availability of skilled workforce and worker-management ties are more vital Some State governments including Uttar Pradesh (U.P.) and Madhya Pradesh (M.P.) have proposed ordinances to exempt manufacturing establishments from the purview of most labour laws. In a discussion moderated by Suresh Seshadri, Amit Basole (Associate Professor of Economics, Azim Premji Unversity, Bengaluru) and K.R. Shyam Sundar (Professor of Human Resource Management, XLRI, Jamshedpur) look at the backdrop for...

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