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Globalisation and its discontents, in Haryana -Roshan Kishore

-Hindustan Times From January 15, 2022, a law giving 75% reservation for local residents in private sector jobs will come into effect in Haryana From January 15, 2022, a law giving 75% reservation for local residents in private sector jobs will come into effect in Haryana. To be sure, the policy will only apply to jobs where the monthly salary is up to ₹30,000. The announcement has already triggered a rethink among...

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The State that failed -MG Devasahayam

-The Telegraph As the most inequitable country in the world after Russia, today's India is indicative of this fact The Union ministry of women and child development protested against the downgrading of India from 94 to 101 on the Global Hunger Index, 2021. According to the ministry, the proportion of undernourished population given in the report is “devoid of ground reality and facts, and suffers from serious methodological issues”. The ministry is protesting...

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No, demonetisation wasn’t a good idea, badly executed – it was a ridiculous idea from the start -Rohit Azad

-Scroll.in The policy, which wreaked havoc on the lives of the poor, mistakenly conflated cash with black money. Was demonetisation a good idea, badly implemented? I have heard this from the supporters of the regime but, to my surprise, even friends who are otherwise critical believe this to be true. The government’s stated aim for denotifying high-value currency notes with a four-hour deadline on November 8, 2016, was to land a body blow...

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Five years later, it’s even more clear that demonetisation was a disaster for India -Arun Kumar

-Scroll.in The move brought about a policy-induced crisis for the country and did little to stop the flow of black money. The demonetisation of high-denomination currency notes on November 8, 2016, created a nightmare for citizens that lasted several months. Long queues formed outside the banks and ATMs to obtain swap denotified currency notes for new ones so that life could continue. This situation persisted even beyond December 30, 2016, the last...

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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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