-The Indian Express All indications show that an economic revival will take some time — support is required during this period to at least prevent starvation. The effects of the lockdown and the resultant economic crisis continue to disproportionately impact the poor and informal sector Workers. Since the lockdown, the Government of India (GoI) has announced relief packages under the Pradhan Mantri Gareeb Kalyan Yojana (PMGKY) and Atmanirbhar Bharat. However, numerous studies...
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Social Security Code Limits Workers Access to Benefits Through Bureaucracy-Raj -KR Shyam Sundar
-Newsclick.in The Unorganised Workers’ Social Security Act, 2008 (UWSSA) rightly conceives a “decentralised registration model” at the local levels with the help of the Workers’ Facilitation Centres (WFCs). Unimaginative and obscure rulemaking will make it difficult for Workers to access benefits that the law entitles them to, argues Dr. K R Shyam Sundar. The government has endorsed the unjustified stinker of a tag of “Inspector-Raj”, crowned by the business class to labour and...
More »Raghuram Rajan says proposal to allow business houses into banking is a 'bad idea' -J Jagannath
-Livemint.com The former RBI governor, and Viral Acharya, a former RBI deputy governor questioned timing of the RBI panel's proposal at a time when 'India is still trying to learn the lessons from failures like IL&FS & Yes Bank' New Delhi: Raghuram Rajan and Viral Acharya on Monday criticised RBI Internal Working Group's recommendation to allow Indian corporate houses to set up banks as part of proposed changes to the banking sector. Raghuram...
More »Harsh Kerala law brings 5yr jail for content ‘that could insult’ people, media under lens too -Rohini Swamy
-ThePrint.in Kerala Governor Saturday signed ordinance seeking amendment to Kerala Police Act to control online bullying and virtual abuse of women, children. Bengaluru: Kerala journalists are viewing the Kerala Police Act Amendment ordinance as a new attempt to gag the media, saying the new legality gives the state legal grounds to object to reports the ruling party may deem unfavourable. Governor Arif Mohammed Khan Saturday signed the ordinance seeking an amendment to the...
More »Why Recovery at Cost of Worker Immiserisation Won’t Last Long -Prabhat Patnaik
-Newsclick.in GDP recovery from the lockdown-induced abyss is accompanied by significant labour displacement and squeeze on wages, which will impact aggregate demand. Ministers from Narendra Modi to Nirmala Sitharaman are talking about a recovery of the Indian economy from the pandemic-induced crisis. Even the Reserve Bank of India (RBI), which estimated the second quarter GDP growth to have been -8.6%, has seen signs of recovery in October. Of course, there had to be...
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