-Newsclick.in By all accepted standards, the official minimum wages in states are just enough to keep the worker alive. What they actually get is even less. Minimum wages of industrial workers in India are less than half of what a justifiable calculation – based on minimum calorific intake and the barest minimum of other expenses – suggests. While the central govt. using a well-accepted standard formula provides Rs.18,000 per month to its...

-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...

-Livemint.com The prime minister is partly right in the sense that the most authoritative data on employment-unemployment from the periodic NSSO were not available after 2011-12 In an interview given to Swarajya magazine earlier this month, Prime Minister Narendra Modi lamented the lack of data on jobs in the country. This was in response to a question on why the economy is not creating jobs. The prime minister is partly right...

-TheWire.in Despite the agrarian crisis that India is reeling under, the parliamentary standing committee noted that the government’s efforts in implementing irrigation projects has been ‘lethargic’. New Delhi: A report of the parliamentary standing committee on rural development has revealed that only 10% of the projects taken up under the watershed development component of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) have been completed. The report outlines that given that a majority...

  A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...