-Newsclick.in After some states extended working day to 12 hours, UP and MP have relaxed all labour laws to the delight of the corporate sector. The working class in India is facing a lethal crisis that promises to push their lives back a century, and turn them into modern day slaves. As Newsclick had warned earlier, a savage attack is being unleashed on the workers through wholesale changes in protective laws, patronised...
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Slower growth and a tighter fiscal -C Rangarajan and DK Srivastava
-The Hindu India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India’s growth prospects for 2020-21 ranging from 0.8% (Fitch) to 4.0% (Asian Development Bank). This wide range indicates the extent of uncertainty and tentative nature of these forecasts. The International Monetary Fund...
More »The draft social security code: A case of unfulfilled aspiration -Kingshuk Sarkar
-Vikalp.ind.in Ministry of Labour & Employment, Govt. of India has amalgamated all the existing social security legislations into a Code. The proposed draft Code on Social Security is presently being referred to Parliamentary Standing Committee on Labour for examination. This commentary highlights the salient features of the proposed code and discusses the areas of improvement and concerns. After considerable period of deliberations and consultations, the union government has circulated the draft...
More »Safeguarding labourers during Covid-19 -Rahul Suresh Sapkal
-The Hindu Business Line The vague legal definition of ‘worker’ sabotages inclusive and eligible delivery of welfare to all workers during the pandemic The Covid-19 health emergency has disrupted trade, mobility and livelihood in unimaginable ways. The magnitude of the crisis grows manifold when social and economic shutdowns accompany it, and the uncertainties of livelihood, wage loss and lay-offs might last longer than expected as Covid-19 has hit almost all sectors. To...
More »MSME sector is on the verge of collapse, says Nitin Gadkari
-PTI/ The Hindu Business Line Union Minister Nitin Gadkari on Thursday said that micro, small and medium enterprises (MSME) sector is on the verge of collapse, and urged major industries to release the outstanding dues to such companies within a month. He said that the position of MSMEs was the “worst” as they were now engaged in a “battle for their survival”. The Minister also noted that the pendency of dues owed...
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