-Ideas for India Labour law reform is considered as a key requirement for creation of new jobs as well as greater formalisation of existing jobs in India. In March this year, the Ministry of Labour and Employment brought out the draft social security code to amalgamate several Central labour laws and extend employment security to all workers. In this article, Sharmila Kantha discusses the positive features and practical aspects of the...
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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »A fresh perspective on farm suicides -A Srinivas
-The Hindu Business Line A recent book shows how a cocktail of indebtedness, masculinity and consumerism acts as a trigger. For those who have wondered whether indebtedness can be the sole factor driving farmers to take their lives, here is a book that introduces much needed nuance and complexity to the debate. Nilotpal Kumar’s book, based on a study of 22 suicide cases in Ananthapur district (accompanied by a fascinating ethnographic study...
More »Incomes zoom, but jobs stagnate in informal sector -Subodh Varma
-The Times of India About a quarter of India's labour force, some 11 crore people, work in non-farm enterprises that can broadly be described as the unorganised sector. Of these 6.3 crore enterprises, none are covered under the Companies Act or Factories Act. In fact, more than two thirds are unregistered. These are not some fly by night vendors — 82% operate from homes or permanent structures outside homes, 98% are open...
More »No jobs? Let them eat... -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
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