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India sees sharp decline in IT sector's ability to fund trade deficit -Krishna Kant

-Business Standard A relatively slower growth in IT Services exports has made India ever more dependent on capital inflows and workers remittances to fund its trade and the overall current account deficit IT services are India's single biggest export and a key source of foreign exchange. But there has been a sharp decline in the IT industry’s ability to fund India’s fast-growing merchandise trade deficit and current account deficit. Please click here to...

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Automation Raises Risk Of Job Loss. Upskill, Say Experts -Aprameya Rao

-NDTV.com A recent report by an international research and advisory company forecasts a grim future for the job market in the five biggest economies of Asia Pacific, including India. By 2040, the working population of these five economies -- India, China, South Korea, Australia, and Japan -- are at a higher risk of automation than North America and Europe, notes Forrester in its latest report 'Future Of Jobs Forecast, 2020 To 2040'. As...

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The Jute Press -Chandrima S Bhattacharya

-The Telegraph After decades, Bengal’s jute mills are witnessing a steady influx of women workers, The Telegraph on the troubles woven into the trend When an industry opens its doors to women workers, it can expose how regressive its factory floor is. The face of the jute industry in Bengal has changed over the last 50 years; now more than ever because of the large presence of women.  Once these mills were known...

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CPI inflation for farm, rural workers up in July

-The Hindu Business Line CPI-AL increases to 6.60 per cent, CPI-RL up to 6.82 in July Retail inflation for farm workers and rural workers rose further in July, driven by an increase in food prices. The All-India Consumer Price Index based inflation for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI- RL) increased to 6.60 per cent and 6.82 per cent in July, 2022 respectively. CPI- AL was at 6.43 per cent in June this...

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More women in the labour force must not lead us to complacency -Sona Mitra and Bidisha Mondal

-Livemint.com It’s a pandemic-related rise and we still need an ecosystem of enablers that can lighten the domestic commitments of women The female labour force participation rate (FLFPR) in India has witnessed an increase, as per the Periodic Labour Force Survey released by the National Statistical Office (NSO) covering June 2020 to July 2021. The figure in the period stands at 25.1%, far better than the 17% in 2017-18. While this is...

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