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Informal sector shrank sharply in 2020-21: SBI report -Vikas Dhoot

-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards Formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...

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Modinomics’ Legacy ― Labour Traffic Now Flows From Factories to Farms -MK Venu

-TheWire.in The ‘vikas’ train has begun to chug the wrong way, as it were. A worrisome aspect of the Indian economy is reflected in the share of employment in agriculture dramatically rising from 42.5% of the total employed in 2018-19 to 45.6% in 2019-20. This may signify an unusually large movement of labour from industry or services sectors to agriculture. The total number of persons employed in India varies between 400 million and...

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Refining trade union strategies to strike a chord -KR Shyam Sundar

-The Hindu With labour law reforms set to change industrial relations, trade union responses must include social dialogue too Ten central trade unions (CTUs) have called for a nation-wide strike on November 26, 2020 to condemn what they consider to be the anti-people, and anti-labour economic policies of the government. This follows strikes in the coal and defence sectors protesting privatisation and the corporatisation policies of the government. It is essential to...

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11 measures, but most in the works for a few years, part of Modi govt Budgets -Harikishan Sharma

-The Indian Express Out of the 11 announcements, three concern governance and administrative reforms, including amendment of the Essential Commodities Act (ECA), 1955, and agriculture marketing reforms through a Central law. New Delhi: Union Finance Minister Nirmala Sitharaman Friday announced 11 measures for the agriculture sector as part of the third trench of the government’s Rs 20 lakh crore Covid-19 relief package. However, most of these measures are either in place already...

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Migrant Workmen Act, 1979, must be rationalised to remove requirements that disincentivise Formalisation -KP Krishnan, Anirudh Burman & Suyash Rai

-The Indian Express The Act was enacted to prevent the exploitation of inter-state migrant workmen by contractors, and to ensure fair and decent conditions of employment. The fallout of the lockdown in order to reduce the spread of COVID-19 highlights the urgent need to rationalise the legislative framework for labour in India. Migrant labour has been among the worst affected due to the lockdown. Their efforts to leave the cities before the...

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