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Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar

-TheQuint.com A recent SBI report, which states that the informal economy has declined, avoids even defining ‘informal economy’. A recent edition of “Ecowrap”, a publication of the research team of the State Bank of India (SBI), has claimed that India’s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research...

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Growth matters but income levels matter more -M Suresh Babu

-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...

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Trade unions, industries paint a grim picture of employment scenario -AM Jigeesh

-The Hindu Business Line Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture of the unemployment scenario in the country at a recent meeting of the Labour Standing Committee. The trade unions demanded urgent measures such as direct cash transfers to address job loss and wage loss, while the representatives of industries demanded a re-look at the current...

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Migrant workers bore the brunt of 2020 lockdown due their poor access to social security schemes & legal rights, depicts latest NHRC report

The rise in COVID-19 daily new cases and daily new deaths compelled many state governments to impose local level lockdowns during April-May 2021. As of 20th April, 2021, partial lockdowns were noticed in 10 states across the country and complete lockdown was imposed in Delhi. As of 8th May, 2021, nearly the entire country was under complete lockdown as a result of either partial lockdowns and night curfews or complete...

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Right of passage: Covid and pastoral communities -Aastha Maggu and Rituja Mitra

-The Telegraph With opportunity costs attached to the livelihoods of pastoralists being so high, the government must facilitate their safe movement India is battling a second wave of Covid-19 infections; this time it has made inroads into rural India. Pastoral communities, who have limited information about the symptoms, preventive measures, diagnosis, treatment and vaccination, are becoming silent victims. A brief by the League for Pastoral Peoples and Endogenous Livestock Development claims that...

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