-TheWire.in The budget does little for the most vulnerable populations such as women working in the Informal sector or their young children. Just by looking at the numbers, the Budget for health seems promising. The total allocation for the department of health and family welfare (HFW) has increased by about 16%, which could be seen as a substantial hike considering there was hardly any year-on-year expansion during the previous term of this...
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Upward GDP revisions for note ban, GST years surprising, says ex-CEA -Asit Ranjan Mishra
-Livemint.com * GDP estimates are based on accepted methodologies, says government * Subramanian made the claims in his latest working paper published on the Harvard University website New Delhi: India’s statistics ministry likely underestimated the impact of demonetization and the rollout of the goods and services tax (GST) on economic activity, leading to an overestimation of gross domestic product (GDP) figures, the finance ministry’s former chief economic adviser, Arvind Subramanian, has said. On 31...
More »Is 'Right to Work' More Important Than 'Minimum Income Guarantee'? -Dunu Roy
-TheWire.in Various remedies are being suggested to tackle the growing rate of unemployment, but are they in tandem with the needs of the workers? Two issues were concealed under the din of elections. The first is the depth of the agrarian crisis with rising costs, falling prices and diminishing livelihoods. The second is the declining rate of employment in urban India, even within the Informal sector, and the tumult among the youth...
More »In Punjab's labour hubs, workers are pleading for jobs at a third of the official minimum wages -Arjun Sharma
-India Spend/ Scroll.in India’s Informal sector continues to reel from the impact of demonetisation and GST. Stress had put deep wrinkles on Balkara Singh’s forehead though he was just 32 years old. The daily wage worker, dressed in a faded blue sweater and jeans, has been coming to the Gol Diggi labour hub in southern Punjab’s Bathinda city every single day for the last five years to look for jobs. Since the end...
More »PM's pension scheme: Two months into launch, workers not keen, call it poll gimmick -Christina George
-The Indian Express Makhan Lal, a construction worker who is on the verge of quitting work because of a dislocated shoulder, says: “I haven’t heard of Modi’s pension scheme or Rahul Gandhi’s NYAY... what I know is that we will remain poor, this basti will continue to have open sewage and during rains our houses will be under sewer water.” Chand Lal, 45, was back at his 8×8 feet shanty in...
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