-Financial Express The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels. The unemployment rate in rural India significantly fell to 5.21 per cent in the last week, according to CMIE’s weekly employment data. The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels. Though the rising number of jobs plays a major role in reducing...
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Briefing Note for Parliamentarians on Labour Law Reforms
-Press release by Working Peoples' Charter dated 21st September, 2020 Amidst the micro and macro-economic crisis of the last 5 years, the union government has aggressively pushed the agenda of labour law reforms -- purportedly to simplify India’s ‘complex’ labour legislations, improve the business environment, and augment growth and employment. These changes, driven primarily by the business fraternity, have been aimed at improving India’s ranking in the ‘Ease of Doing Business’...
More »Why India has emerged as pandemic epicentre, despite early lockdown -Rukmini S
-Livemint.com Despite early steps, India could not stave off the surge because of later mis-steps and legacy issues in health and administrative capacity With more than five million cases, India is now emerging as the epicentre of the covid-19 pandemic. India has already overtaken Brazil in terms of total confirmed cases, and at the current trajectory, will surpass the US within four weeks. Given that the US and Brazil are closest to India...
More »Techies and teachers take white-collar hit -Basant Kumar Mohanty
-The Telegraph 32.6% of the 18.1 million jobs in the country were lost in four months India witnessed the erosion of nearly a third of its white-collar jobs between May and August, with professionals like software engineers, teachers, accountants and analysts taking the biggest hit, a survey by a data agency has shown. The Centre for Monitoring Indian Economy has found that 5.9 million (32.6 per cent) of the 18.1 million white-collar jobs...
More »A Govt Unequal to the Task as Economy Sinks -Prabhat Patnaik
-Newsclick.in The significant fall in government expenditure during the lockdown is just the opposite of what the Modi government should have done. A striking aspect of the 24% decline in India’s GDP in the first quarter of 2020-21 compared with the first quarter of the last fiscal year is the decline by 10.3% in public administration, defence and other public services. This is a sector where the GDP (gross domestic product) is...
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