-TheLeaflet.in Analysing a recent report on unemployment in India by the Centre for Monitoring Indian Economy, GYAN PATHAK warns about the looming unprecedented unemployment crisis. —– THE real extent of the economic damage from last year is now in the open. The biggest loss of employment in 2020-21 was suffered by salaried employees as opposed to the popular belief that they were the safest in terms of security of employment and earning during...
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Migrant workers vulnerable again, say activists -Damini Nath
-The Hindu A year after lakhs of workers made their way back to their home States after the nationwide lockdown was announced in March 2020, their condition has not changed much. With State governments announcing Lockdowns and curfews in the wake of rising COVID-19 cases, migrant workers could once again be staring at loss of wages and lack of social protections, labour union leaders and activists said on Thursday. A year after lakhs...
More »Loan burden increased across India in 2020 amid pandemic: Study
-Down to Earth Among marginalised groups, indebtedness was highest in Muslim-majority and Scheduled Caste-majority hamlets Indebtedness became more acute in around 70 per cent hamlets surveyed in 75 Indian districts during October-December 2020, according to a study on the effects of the novel coronavirus disease (COVID-19) pandemic and Lockdowns. The figure was 76 per cent in the first few months following last year’s lockdown. There was a slight dip in the indebtedness of...
More »How the labour market reacted to the Covid-19 triggered Lockdowns -Radheshyam Jadhav
-The Hindu Business Line Data show that only 43% of those in informal jobs in Dec 2019 retained them in April 2020 Vs 72% in formal sector Pune: About 1.23 crore migrant labourers returned to their home States during the Covid – 19 Lockdowns during 2020 and once again many State governments including Maharashtra government are considering Lockdowns to curb rising Covid-19 cases. While industrial and business sectors are strongly opposing the...
More »The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi
-The Indian Express The spectre of Lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for. As India’s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak,...
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