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RBI proposal to loosen lending norms for private players a catastrophe in the making -Rana Mitra

-Frontline.thehindu.com The RBI’s proposal to loosen regulations for private lenders in the microfinance space will have disastrous consequences for the poor, especially women in rural areas. Microfinance, a category of financial services aimed at serving people from low-income households who lack access to conventional banking credit and services, was originally designed by international finance capital institutions such as the World Bank as an alternative to providing direct concessional credit to the poor—which...

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What’s behind the ‘improvement’ in employment situation in labour force survey report -PC Mohanan

-ThePrint.in The improved employment scenario as per PLFS 2019-20 is restricted to women and is due to the increased percentage of Rural Women in the unpaid family worker category. The National Statistical Office (NSO) has recently released the third annual report of the Periodic Labour Force Survey (PLFS) for the year 2019-20 and also the quarterly estimates for urban areas based on the panel survey of urban households till June 2020. At...

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Why Indian States Need to Incorporate Gender Budgeting in Their Fiscal Planning -Lekha Chakraborty

-TheWire.in Even in a state like Kerala, higher human development indices have not translated into equally solid gender outcomes. An interesting public policy question that has emerged over the last few years is why high human development indices are not translating into a better ‘gender status’ for Kerala. The Human Development Index (HDI) in Kerala (0.763) is the highest in India. The HDI is estimated as the geometric mean of three crucial aspects...

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Official data corroborates deepening of livelihood crisis in urban areas during the 2020 nationwide lockdown

The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...

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Providing horizontal quota: the Bihar way -Aditi Priya and Tejas Harad

-The Hindu The case for reservations for women and transgender persons in State jobs and higher education The Bihar government recently announced 33% horizontal reservation for women in State engineering and medical colleges. While reservation for Scheduled Castes (SCs), Scheduled Tribes (STs), Other Backward Classes (OBCs) and Economically Weaker Sections (EWS) is referred to as vertical reservation, horizontal reservation refers to the equal opportunity provided to other categories of beneficiaries, such as...

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