-The Hindu Their working hours were reduced, says agency in report Women and lower-paid workers have disproportionately borne the brunt of the decrease in wages due to the COVID-19 crisis as their working hours were reduced, according to the International Labour Organisation’s (ILO) Global Wage Report 2020-2021. The report, released on Wednesday, said global wage growth fluctuated between 1.6% and 2.2% in the four years preceding the pandemic, that is 2016 to 2019. “In...
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Why should Indian agriculture be liberalised when in most countries governments subsidise it? -Christophe Jaffrelot and Hemal Thakker
-The Indian Express Without some support from the state, the smallest of Indian peasants would be even more vulnerable. On September 27, President Ram Nath Kovind gave his assent to three contentious farm bills passed by Parliament — The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020 (FAPAFS), the Farmers Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 (FPTC) and the Essential Commodities (Amendment) Act, 2020...
More »Farmer In Viral Image Says Hit Multiple Times By Cops -Saurabh Shukla
-NDTV.com Farmers' protest: The BJP's social media chief Amit Malviya's fact-checking tweet discrediting Rahul Gandhi was called out by Twitter as "manipulated media", a FIRst in India New Delhi: The image of an elderly man running as a policeman came at him with a stick during farmer protests went viral after it was tweeted by several Congress leaders and the BJP questioned whether he was really beaten. The BJP's social media chief Amit...
More »The perils of deregulated imperfect agrimarkets -R Ramakumar
-The Hindu The Farm Acts were legislative misadventures, while much more is needed to address the genuine fears of farmers The eruption of massive farmers’ protests across India against the Farm Acts has shocked those in the seat of power in Delhi. According to the government, many private markets will be established, middlemen would disappear, farmers would be free to sell to any buyer and farmgate prices would rise. But the protesting...
More »The Indian economic recovery seems led by profits, not wages -Niranjan Rajadhyaksha
-Livemint.com Such a recovery will be stress-tested in an economy with excess capacity. That is why wages matter The FIRst estimates of economic growth in the September quarter indicate that India’s ongoing recovery has been better than expected. This is a good time to resurrect a question this column had raised in August: Will the economic recovery be led by profits or wages? The answer matters because it has implications for aggregate...
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