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Cash in system surges: Informal sector's back? -Mayur Shetty

-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...

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How Maternity Benefits Can Be Extended to Informal Women Workers -Dipa Sinha and Sudeshna Sengupta

-TheWire.in The proposed Social Security Code, which brings together fifteen labour laws, is an opportunity to think afresh about the challenge of supporting new mothers – even in the Informal Economy. Maternity entitlements in the form of wage compensation during pregnancy and after delivery is an internationally accepted right for all women workers. It is also recognised as a supportive mechanism for exclusive breastfeeding, critical for child nutrition and well-being. The legislative...

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Dr. Himanshu, associate professor at Jawaharlal Nehru University, interviewed by M Rajshekhar (Scroll.in)

-Scroll.in This is not just about low job creation but also about the worsening quality of jobs, says Himanshu, associate professor at Jawaharlal Nehru University. On Thursday, a political storm boiled over after Business Standard reported that, between 2017-’18, unemployment numbers in India reached a 45-year high. The newspaper based its report on a survey, conducted by the National Sample Survey Organisation, called the Periodic Labour Force Survey that the government had...

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Can India's draft labour code really bring social security to its informal workers? -Aarefa Johari

-Scroll.in Trade unionists fear a large part of the unorganised sector might be left out of the ambit of the government’s labour code on social security. Rekha Patil, a vegetable seller on a footpath in suburban Mumbai, is a small part of India’s vast Informal Economy. Her husband, a farmer in Palghar, about 110 km north of Mumbai, has an unreliable income. But Patil’s earnings of Rs 350 a day barely sustain...

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Impossible to double farmers' income in six years, says Abhijit Sen -Abhishek Waghmare

-Business Standard Ex Plan panel member also says demonetisation took a huge toll on cultivators and labourers; favours loan waivers, is skeptical about cash support scheme New Delhi:  Former member of the erstwhile Planning Commission, Abhijit Sen, has said that the ambitious aim of doubling farmers’ incomes is impossible target in the period the government has set for it. Addressing an Economics Summit organised by Sri Ram College of Commerce in Delhi,...

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