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New metric for jobs growth to include informal economy -Prashant K Nanda

-Livemint.com The govt will count jobs created in establishments deploying less than 10 people, which essentially means that shops run by one owner and one employee too will be counted as employment generation New Delhi: Expanding the scope of job creation in the country, the National Democratic Alliance (NDA) government has now decided to start counting jobs created in the non-farm informal sector. The government has asked labour bureau under the Union labour...

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The rising agrarian distress in India -Jayati Ghosh

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

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Budget 2018: Will Women Really Be Better Off at the End of This Fiscal? -Barkha Deva

-TheWire.in In the gender Budget, the Modi government has not done much more than pay lip service to policies that impact women. Soon after the Union Budget was presented, the PMO tweeted Modi as saying: “Special emphasis has been given on women empowerment in the Budget.” A high-voltage communication campaign followed highlighting key proposals for women, including an increase in commitments for the Ujjwala scheme to provide free gas connections to eight crore...

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'Formalising' the Economy: What's in It for Workers? -Karuna Dietrich Wielenga and Shashank Kela

-TheWire.in The Modi government’s attempts to reshape the economy lie entirely in the financial realm; they come on the back of concerted efforts to strip workers of legal protection in not just the informal sector, but also the formal. The Narendra Modi government has made two major interventions in the economic sphere, demonetisation and the Goods and Services Tax (GST), with the ostensible aim of expanding the formal sector at the expense...

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'Of Hits and Misses: Analysis of Union Budget 2018-19' -CBGA

-Centre for Budget and Governance Accountability (CBGA) Union Budget 2018-19 is the fifth and the final full-year budget of the current ruling dispensation. The major plank on which this government was elected in 2014 with an exceptional mandate were issues of development related to reducing corruption, generating meaningful employment opportunities, tackling inflation (especially food inflation, an issue plaguing the economy at that point of time), reducing inequality, and pushing the economy...

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