-The Times of India NEW DELHI: In a bid to ensure relief to more than four crore construction workers, the Supreme Court on Monday asked the Centre to treat them as Formal sector employees by bringing them within the ambit of social welfare laws and provide benefits like paid maternity leave, provident fund and minimum wage. The court directed the Centre to frame a scheme to ensure workers receive proper education,...
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New metric for jobs growth to include informal economy -Prashant K Nanda
-Livemint.com The govt will count jobs created in establishments deploying less than 10 people, which essentially means that shops run by one owner and one employee too will be counted as employment generation New Delhi: Expanding the scope of job creation in the country, the National Democratic Alliance (NDA) government has now decided to start counting jobs created in the non-farm inFormal sector. The government has asked labour bureau under the Union labour...
More »How Mallya & Modi could teach debt-ridden Vidarbha farmers to stay cool -Jaideep Hardikar
-The Indian Express Two loan defaults lead to two different outcomes, year upon year, a nightmare version of déjà vu. The former exits the country; the latter exits the mortal world. Liquor baron Vijay Mallya and diamond jeweler Nirav Modi could jointly run a crash course for the debt-ridden and beleaguered farmers of Vidarbha, nay the entire country: How to stay cool with unpaid debts. Mallya could tell the peasantry, for instance, how...
More »The rising agrarian distress in India -Jayati Ghosh
-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...
More »The formal-informal divide -Puja Mehra
-The Hindu The slowdown in private investments is visible chiefly in the inFormal sector, not the corporate sector It is now well recognised that there is an investment slowdown in India, which is delaying a full-blooded recovery in the economy. Private investments, the principle engine of growth, are out of steam. The fall is so severe that it has more than offset the government’s macroeconomic stimulus of increased public investments. The slowdown started...
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