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Demonetisation blues: No work or cash, over 10,000 daily wagers leave Gurgaon -Abhishek Behl

-Hindustan Times Gurgaon: The demonetisation move by the Centre is turning out to be a nightmare for over 1 lakh construction workers in the city. Labour department sources said that 10,000-12,000 daily wage workers have already left Gurgaon. In the absence of work and cash, a majority of the seasonal workers are struggling to make ends meet. To get a clearer picture, the labour department has also ordered a survey. Gurgaon is a...

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Demonetisation effect: 2,500 lose jobs as Howrah jute mill shuts -Bibhas Bhattacharyya

-Hindustan Times A jute mill in West Bengal’s Howrah district has temporarily closed down citing its inability to pay workers in the absence of Rs 500 and Rs 1,000 notes that were scrapped by the Narendra Modi government. The notice by the management of Sree Hanuman Jute Mills that threw about 2,500 workers out of jobs was issued around 10pm on Monday, on a day chief minister Mamata Banerjee apprehended a loss...

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Law to regulate working condition of domestic workers demanded

-PTI The platform has also drafted a model Domestic Workers Regulation of Work and Social Security Bill and discussion on it was held with various stakeholders. New Delhi: Civil society organisations and trade unions under the banner of National Platform for Domestic Workers today demanded a comprehensive legislation to regulate their working condition and provisions for social security benefits. The platform has also drafted a model Domestic Workers Regulation of Work and...

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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)

-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...

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Distract from Ineffectual Governance, Say Civil Society Members -Nehmat Kaur

-TheWire.in As the Unorganised Sector continues suffering, civil society members, bankers and politicians remain sceptical of demonetisation’s impact on black money. It is no secret that India’s informal sector, a largely cash-based economy, has taken a big hit because of demonetisation. While the government insists that the suffering is only temporary and worth it for cracking down on black money, several representatives from the Unorganised Sector are presenting a starkly different account...

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