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Maharashtra: Sudden micro lockdowns led to labour losses, spike in unemployment, says report -Sandeep A Ashar

-The Indian Express In a presentation made to Chief Minister Uddhav Thackeray and senior ministers in a meeting on Monday, the state finance department claimed that the unemployment rate had climbed from 3.9 per cent in July to 6.2 per cent in August. Mumbai: A spike in Maharashtra’s unemployment rate in August is threatening the revival of the Covid-hit Economy, a government report has said. In a presentation made to Chief Minister Uddhav...

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Farm bills: India’s fields are on fire -Devinder Sharma

-The Telegraph The tearing hurry with which agriculture market reforms have been pushed through, without even consulting farmers, has resulted in huge farm protests in Punjab and Haryana At a time when I see euphoria among mainstream economists over the new set of agricultural reforms, media reports say that the Commission for Agricultural Costs and Prices has observed that only 12 per cent of India’s paddy cultivators were able to sell their...

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Labour Laws Perform a Redistributive Function. Diluting Them Has Serious Consequences. -Rashmi Venkatesan

-TheWire.in In a world that is already grappling with crippling inequalities, weak labour market institutions will only further cause economic divisions. The three labour codes passed in the Lok Sabha last Tuesday are the latest in a long line of labour law reforms that have been enacted recently and will almost certainly be followed by more in the future. All these ‘reforms’ have one objective in mind – to dismantle labour rights...

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From PM economic council to Niti Aayog, growing disquiet over Govt tight fist -P Vaidyanathan Iyer

-The Indian Express Advisors urged fiscal push in form of wage subsidy, rural infrastructure Speaking to The Indian Express on September 26, Union Finance Minister Nirmala Sitharaman said that she is open to “the need for further stimulus” and its timing. That may not be much of an assurance given the growing sense of disquiet in expert bodies including the Prime Minister’s Economic Advisory Council, the Niti Aayog and the Chief Economic Advisor’s...

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Three Farm Bills and India’s Rural Economy -Vijay Jawandhiya and Ajay Dandekar

-TheWire.in With low levels of farmers' income and a lack of assured price mechanism, what impact will the three farm bills have in the long term on India's agrarian Economy. Here's an analysis. Last week, the Union government passed three bills to replace the three ordinances that were enacted during the COVID-19 lockdown. These three bills, expected to bring revolutionary changes to agrarian context and help double farmers’ incomes are: The Farmers’...

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