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Reaping distress -Jayati Ghosh

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...

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How to get the weave right -Seema Bathla & Prateek Kukreja

-The Hindu The government must target labour market rigidities to maximise gainful employment in the textile sector. India’s textile and apparel industry is all set for an overhaul as the new National Textile Policy will soon be placed before the Cabinet for approval. The government has already accepted a Rs.60 billion special package for this sector with an aim to create 10 million new jobs in the next three years, attract investments...

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Appointment letters to be made mandatory soon -Somesh Jha

-The Hindu Centre may fix a format which would include details such as designation. The Centre will soon make it mandatory for companies with more than ten workers to give appointment letters to employees at the time of joining — a move that would benefit millions of workers in the informal sector. An absence of legislation on the issue makes it difficult for workers, including those who are employed informally or via contractors...

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Denied your rightful wages? Dial 1800-1800-999 for help

At the Labour Line office of Aajeevika Bureau situated at Syphon Chouraha on Bedla Road in Udaipur, Santosh Poonia said that 12,926 calls were received by his office between August 2011 and March 2016, out of which almost 37 percent were payment-related grievance calls. During the same time-span, 2,008 payment-related cases (as received by the Labour Line office) could be settled. Poonia, who is Programme Manager (Legal Education and Aid...

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Job growth at a snail’s pace -Santosh Mehrotra

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

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