-The Hindu The analysis is fraught with caveats and the interpretation of the survey results calls for caution Last week, the Ministry of Labour and Employment released the results of a new Quarterly Employment Survey (QES) for April-June 2021 for the organised (formal) sector. It represents establishments (or units) employing ten or more workers. The surveyed sectors were manufacturing, construction, trade, transport, education, health, accommodation and restaurant, Information Technology/Business Process Outsourcing (IT/BPO),...
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The end of the doing business rankings -R Nagaraj
-The Hindu The Ease of Doing Business index was plagued with problems and deserves to be scrapped On September 16, the World Bank Group scrapped its flagship publication, the ‘Doing Business’ report. This report publishes the influential annual ranking of countries on the Ease of Doing Business (EDB) index. The Group acted on its commissioned study to examine the ethical issues flagged in preparing the 2018 and 2020 editions of the EDB...
More »Growing Distress and a Falling Unemployment Rate: What is going on in the labour market? -Ishan Anand and Anjana Thampi
-TheIndiaForum.in The Periodic Labour Force Survey for 2019-20 has thrown up some unusual and contradictory patterns in employment and unemployment. However, the trends in the labour market over three years of the PLFS from 2017-18 onwards are clear and cause for worry. The pandemic has had a disastrous impact on lives and livelihoods. The national lockdown of March–May 2020 will be remembered for its devastating neglect of migrant workers and the unprecedented,...
More »Banks turn cautious on student loans -Sangeetha Kandavel and Sanjay Vijayakumar
-The Hindu There has been sharp rise in the NPAs amid COVID-19 pandemic With unemployment rising, the ability of those who have taken education loans to pay back has come down sharply. As a result, the non-performing assets (NPAs) have increased in the last one-and-a-half years. R. Nagarajan had taken a loan for his engineering course and started repaying it when he got a job at a start-up in the second half of...
More »Is it a Case of 'Meat-versus-Planet'? Lessons for the Global South -Aravindhan Nagarajan
-TheIndiaForum.in Claims that the livestock sector is a high emitter of greenhouse gases have led to calls for moving towards plant-based diets. These prescriptions rest on flawed assumptions; they also ignore the nutritional needs of the working poor in the Global South. The livestock sector has widely been reported to be a high emitter of Green House Gases (GHGs). International media outlets have — wrongly — claimed that ‘cows emit more than...
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