After the outbreak of COVID-19 in China during early January this year and its dissemination globally within a few days, health experts have suggested ways to check its spread exponentially among the rest of the population. In the age of internet connectivity, work-from-home and self-isolation have been advised as solutions to ensure social distancing and avoid large-scale social gatherings. Experts have asked governments and private enterprises to keep people at...
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Government data shows fall in job creation by schemes -Swati Mathur
-The Times of India NEW DELHI: Some of the flagship employment generation and placement schemes, such as the Prime Minister’s Employment Generation Programme (PMEGP) and Deendayal Antyodaya Yojana-National Urban Livelihoods Mission, are expected to see a sharp decline in job creation during the current fiscal, according to data tabled in Parliament. Details provided by the labour & employment ministry states that the number of jobs generated under PMEGP plummeted from 5.87 lakh...
More »From Jan Breman, a Treasure Trove of Essential Analysis on Labour, Bondage and Capitalism -Jayati Ghosh
-TheWire.in Breman's central finding about the close coexistence of capitalism and labour bondage contains remarkable nuggets of hope for transcendence. For more than half a century, Jan Breman has diligently, insightfully and creatively studied the life of labour in India, and specifically in Gujarat. His searing descriptions and acute analyses based on painstaking fieldwork and a broad but clear theoretical framework have informed our understanding of the conditions of rural – and urban...
More »Budgeting for jobs, skilling and economic revival -Ram Singh
-The Hindu The Budget needs to provide direction to India’s tottering economy and a boost to aggregate demand and investment The forthcoming Union Budget will determine whether India’s economic engine gets the steam needed for a rebound, or the current economic situation becomes even worse. Not just the future of the economy, the future of the country’s youth depends on the Budget. The unemployment rate at 6.1% (Financial Year 2017-2018) is the highest...
More »What can be done to address the demand drought in our economy? -Suresh Seshadri
-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under...
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