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Six steps to job creation -Santosh Mehrotra

-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...

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After Yashwant Sinha, RSS affiliate hits out at Modi govt's economic policies -Anindya Banerjee

-India Today Bhartiya Mazdoor Sangh criticised Modi government's handling of the economy and demanded stimulus package towards employment generating activities in labour intensive sectors. On a day when senior Bharatiya Janata Party (BJP) leader and former finance minister Yashwant Sinha trained his guns against the government's economic policies, a Sangh-affiliate Bhartiya Mazdoor Sangh (BMS) also hit out at the Modi government. The RSS affiliate criticised the Modi government's handling of the economy, called...

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Draft social security code: Will it help informal workers? -Sharmila Kantha

-Ideas for India Labour law reform is considered as a key requirement for creation of new jobs as well as greater formalisation of existing jobs in India. In March this year, the Ministry of Labour and Employment brought out the draft social security code to amalgamate several Central labour laws and extend employment security to all workers. In this article, Sharmila Kantha discusses the positive features and practical aspects of the...

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The return of India's super rich -Rishabh Kumar

-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...

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Govt is working on simplifying labour laws: Santosh Gangwar

-PTI NEW DELHI: The government is committed to Labour Reforms and simplification in the related laws to safeguard workers' interest, Labour and Employment Minister Santosh Kumar Gangwar said on Sunday. Listing a slew of steps to protect workers' interest, the minister said provisions have been made in the Employees' Compensation (Amendment) Act, 2017 to increase the penalty for its contravention from Rs 5,000 to Rs 50,000, which is extendable to Rs 1...

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