-Economic and Political Weekly The current regime seeks to reform labour laws with the understanding that these reforms will improve industrial growth and expand the possibilities of enterprise. However, there is already ample evidence from within India that this obsession with reforming labour law, particularly in the way the government has done it till now, will not take us any closer in creating more jobs or a healthy industrial sector. These...
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No protection for migrants in new labour laws
In the midst of national debates over the need for labour laws reforms and the efficacy of MG-NREGA in checking distress migration, a new report brings spotlight on the miserable living and working conditions of unorganized migrant workers from Rajasthan. Titled Their Own Country: A Profile of Labor Migration from Rajasthan, the report prepared jointly by Aajeevika Bureau and UNESCO informs us that 70% of seasonal migrant workers from Rajasthan...
More »Utopia as skill set -Santosh Mehrotra
-The Hindu Is India ready to cash in on its demographic dividend? A demographic dividend is a once-in-a-lifetime opportunity for a nation and can either make or mar its citizens' present and future. When the share of the working-age population is on a rising curve while the share of dependents (those under the age of 15 and over 60) is falling, it enables workers to save (hence savings share in GDP rises)...
More »President okays Rajasthan labour reforms: Firms with 300 workers need no govt nod to sack -Somesh Jha
-Business Standard State expects more investment as industry cheers move Paving the way for the first set of labour reforms in the country, President Pranab Mukherjee has given his assent to Rajasthan's amendments to three laws. Among major changes, the Industrial Disputes Act will allow companies employing up to 300 staffers to lay off workers or close down without taking the government's prior approval. Earlier, those with up to 100 employees...
More »This transaction is still incomplete -Erica Field, Charity Troyer Moore, Rohini Pande, Natalia, Rigol and Simone Schaner
-The Indian Express Earlier this month, the ministry of finance announced that over 50 million new bank accounts have been opened and 17 million debit cards issued since the launch of a bold new plan to grant financial access to the poor. Prime Minister Narendra Modi announced this initiative, called the Pradhan Mantri Jan Dhan Yojana (PMJDY), in a speech in August. Its ultimate goal is to reach 150 million unbanked...
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