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India needs to trust its farmers and set them free -Shruti Rajagopalan

-Livemint.com The only way to solve the farmers’ problem is to make entry to other sectors attractive by creating employment opportunities, and to make it easy to exit farming Farmers have a bad romance with the Indian polity. On the one hand, India loves, even worships, these farmers. On the other, Indian policymakers create the most impossible regulatory environment for the agricultural sector, trapping farmers in a low-income, low-productivity occupation. The latest...

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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...

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'Formalising' the Economy: What's in It for Workers? -Karuna Dietrich Wielenga and Shashank Kela

-TheWire.in The Modi government’s attempts to reshape the economy lie entirely in the financial realm; they come on the back of concerted efforts to strip workers of legal protection in not just the informal sector, but also the formal. The Narendra Modi government has made two major interventions in the economic sphere, demonetisation and the Goods and Services Tax (GST), with the ostensible aim of expanding the formal sector at the expense...

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Where's the money, Mr Jaitley? -Jayati Ghosh

-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...

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3 out of 4 workers in India fall in vulnerable employment category: ILO

-Business Today Apparently it is not just jobless growth that we should be worrying about. Rather, according to a new report by the International Labour Organization (ILO), a far greater concern is the fact that vulnerable employment is on the rise. According to the World Employment and Social Outlook: Trends 2018 report, while the global unemployment rate is expected to stabilize at around 5.5% over the next couple of years, the...

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