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‘47 % of agriculture employees earn only Rs. 100 a day’ -Alok Deshpande

-The Hindu Report on Maharashtra looks at NSS data Mumbai: Nearly 47% out of Maharashtra's total employed population, which is dependent on agriculture, fisheries and forestry as an economic activity, earns only Rs 100 per day on an average. The data is in sheer contradiction with the earnings of 1.36% of the employed population from Information and Communication sector in the state, which on an average earns Rs. 833 per day, higher than...

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Minimum monthly wages could go up to Rs 15,000 -Subhomoy Bhattacharjee

-The Indian Express The Centre plans to fix minimum national monthly wages at around Rs 15,000 for all jobs in both the formal and informal sectors in the country. The National Minimum Wages Act, 1948, lays down minimum wages for 45 listed economic activities, which also serve as minimum wages for these activities in the states. However, states can specify minimum wages for over 1,600 economic activities. Raising floor wages to Rs 15,000...

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In developing world, higher education key to stable employment, says new UN report

-The United Nations Higher education is a prerequisite for millions of youth in the developing world who hope to find a decent, "non-vulnerable" job, a new United Nations study has established. The study, conducted by the International Labour Organization (ILO) and released today, surveys 28 countries worldwide and demonstrates that having a high level of education "serves as a fairly dependable guarantee" towards securing a formal job. "The report confirms the role of...

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India is now the world’s slave capital: Global Slavery Index 2014 -Kounteya Sinha

-The Times of India LONDON: With over 14.2 million in India being involved in forced labour and being victims of trafficking - for sexual exploitation and forced marriage, the country is home to the largest number of people trapped in modern slavery. Globally, 35.8 million people are enslaved across the world. Of them, 23.5 million people are in Asia, two-thirds of global total in 2014 (65.8%). The Global Slavery Index 2014 announced...

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Creating 'Good Jobs': Assessing the Labour Market Regulation Debate -Radhika Kapoor

-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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