-ThePrint.in Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term. A report issued by the State Bank of India (SBI) last month estimated that India’s informal economy has shrunk to 15-20 percent of the GDP in 2020-21 from 52 percent in 2017-18. The report uses employment and digitisation to assess the extent of formalization in...

-Newsclick.in On Saturday, the Ministry of Rural Development denied that the rural jobs scheme was facing a shortage of funds. Its response, however, “leaves many questions unanswered,” according to civil society members. Activists have questioned the Centre’s response to media reports on the shortage of available funds for the rural employment guarantee scheme in the current financial year, by alleging that it is “misleading” and that it leaves many raised questions “unanswered.” Last...

-Livemint.com Value-addition per worker needs to rise sharply in several fields for the country to enhance prosperity and reduce inequality It is known that productivity is the key to economic prosperity. How do we raise the productivity of service workers? This is one of the biggest challenges that India faces which hasn’t yet received much attention. Why is this important? First, low and medium-productivity service sectors (services except real estate, business and professional...

-PTI/ The Hindu Selective killings have triggered a fear psychosis among the workers Thousands of migrant workers fleeing Kashmir along with their families queued up outside ticket counters of railway stations and bus stops in Jammu on Tuesday as targeted killing of minorities and non-locals by terrorists triggered an exodus from the Valley. The security in and around the railway stations and bus stands in Jammu and Udhampur has been beefed up as...

-Newsclick.in Farmlands in Narela’s Garhi Bakhtawarpur village remain flooded for eight months a year due to an overflowing drain. Saving his crops from the overflowing local pond spread across five acres in Garhi Bakhtawarpur village, in Narela, seems to be an eternal battle for Ritesh Rana. Pointing to an inundated patch of farms, Rana said that his family owns 30 acres. However, owning such prime land in the national capital is not beneficial...