-The Indian Express Lok Sabha has cleared three labour code Bills. What are the key changes, and why are some being seen as a cause for concern? The Lok Sabha Tuesday cleared new versions of three labour codes — Industrial Relations Code Bill, 2020, Code on Social Security Bill, 2020 and Occupational Safety, Health and Working Conditions Code Bill, 2020. While the government proposes to increase the ambit of social security by including...
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Contraction of the Economy and the Impending Job Crisis -Satyaki Roy
-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary MEAsure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided...
More »Why Are Many CAG Audits For FY'19 Still Not in the Public Domain? -Himanshu Upadhyaya and Abhishek Punetha
-TheWire.in In the last few years, there have been considerable delays in the tabling of audit reports for states – a problem whose blame is to be shared by both the elected state government and the national auditor. The global pandemic has impacted democratic life and institutions, with assembly sessions getting shortened or delayed in many states in India. In the first nine months of the year, we have witnessed 47 audit reports...
More »Centre used GST compensation cess elsewhere, violated law: CAG
-PTI/ The Hindu The CAG findings run contrary to Finance Minister Nirmala Sitharaman’s submissions in Parliament last week that states could not be compensated for revenue shortfall from the Consolidated Fund of India (CFI) relying on an opinion from the Attorney General of India which stated that there was no such provision in the law. The CAG has found that the Union government in the very first two years of the GST...
More »P Sainath, the founder editor of the People’s Archive of Rural India and former rural affairs editor of The Hindu, interviewed by Mitali Mukherjee (TheWire.in)
-TheWire.in The journalist says that though there is a very clear pro-corporate intent behind the Bills, they may enable middle-men to wring an even harder grip on the farmers. Amidst an uproar and stiff protest, three contentious farm Bills were passed in the Rajya Sabha on Sunday and Tuesday. The Bills seek to replace ordinances promulgated in June this year and were already cleared by the Lok Sabha. The idea behind all the...
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