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Modinomics’ Legacy ― Labour Traffic Now Flows From Factories to Farms -MK Venu

-TheWire.in The ‘vikas’ train has begun to chug the wrong way, as it were. A worrisome aspect of the Indian economy is reflected in the share of employment in agriculture dramatically rising from 42.5% of the total employed in 2018-19 to 45.6% in 2019-20. This may signify an unusually large movement of labour from industry or services SECtors to agriculture. The total number of persons employed in India varies between 400 million and...

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Partially reformed -Anup Sinha

-The Telegraph Inequality remains integral to India’s growth story This year marks three decades of market-friendly economic reforms introduced in 1991 by the P.V. Narasimha Rao administration. Manmohan Singh was considered the mastermind behind breaking the shackles of the license-permit raj, an inefficient government, a stifled private SECtor, and a strictly controlled import regime. All these led to low economic growth, large incidence of poverty, an inefficient, unwieldy public SECtor, and pervasive...

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Official data corroborates deepening of livelihood crisis in urban areas during the 2020 nationwide lockdown

The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...

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Rajya Sabha clears general insurance bill amid shocking scenes -Damini Nath and Sobhana K Nair

-The Hindu Entire Opposition was united in their call to send the Bill to a select committee The contentious General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed amidst shocking scenes in the Rajya Sabha on Wednesday despite the Opposition’s demand to send the legislation to a select committee. The Rajya Sabha passed the Bill that would allow the government to cut its share in public SECtor insurance companies, paving the way for...

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Can govt’s targeted welfare override inflation concern? -Roshan Kishore

-Hindustan Times The budgetary allocations for Ujjwala, which is listed as money for “LPG connections to the poor” in the ministry of petroleum’s budget, was just ₹21,365.81 crore between 2016-17 and 2020-21. With the Prime Minister launching the SECond module of the Ujjwala Yojana from Mahoba, Uttar Pradesh, the Bharatiya Janata Party (BJP) has, in a way, started its election campaign for the crucial state which goes to the polls in early...

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