A clearing house of ideas, info, alternatives, on rural India's multiple crises

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-Livemint.com<br />
<br />
<em>While economists disagree on the extent of rigidity in India&rsquo;s labour regime, there is a broad consensus on the need to simplify labour laws <br />
</em><br />
After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws&mdash;the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment (Standing Orders) Act&mdash;into a single code for industrial relations, according to the Business Standard. While economists disagree on the extent of rigidity in India&rsquo;s labour regime, there is a broad consensus on the need to simplify labour laws. That is necessary not only to reap the full benefits of the &lsquo;Make in India&rsquo; programme, but also boost India&rsquo;s performance in a broad array of development indicators. The industrial worker, in particular, seems to have got a raw deal, as the charts below show.<br />
One of the basic indicators of distribution of economic products is the ratio of wages to profits. Since the latter accrues to a much smaller share of the population, an adverse movement in the ratio indicates a skewed earnings distribution in the industrial sector. The Annual Survey of Industry (ASI) data shows that the wage-profit ratio started declining from the second half of the 1980s in India. The fall has been spectacular. From a value of more than 2.5 in the late 1980s, it had come down to less than 0.3 by the end of 2012-13. Various factors might have led to this decline.<br />
<br />
Please <a href="http://www.livemint.com/Opinion/53GWGOGWiVuqZibDu4hxnO/Is-Indias-labour-market-moving-towards-a-May-Day-situation.html">click here</a> to read more.
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While economists disagree on the extent of rigidity in India&rsquo;s labour regime, there is a broad consensus on the need to simplify labour laws 

After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws&mdash;the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment...'
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	'title' => 'Is India’s labour market moving towards a May Day situation? -Roshan Kishore',
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-Livemint.com<br />
<br />
<em>While economists disagree on the extent of rigidity in India&rsquo;s labour regime, there is a broad consensus on the need to simplify labour laws <br />
</em><br />
After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws&mdash;the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment (Standing Orders) Act&mdash;into a single code for industrial relations, according to the Business Standard. While economists disagree on the extent of rigidity in India&rsquo;s labour regime, there is a broad consensus on the need to simplify labour laws. That is necessary not only to reap the full benefits of the &lsquo;Make in India&rsquo; programme, but also boost India&rsquo;s performance in a broad array of development indicators. The industrial worker, in particular, seems to have got a raw deal, as the charts below show.<br />
One of the basic indicators of distribution of economic products is the ratio of wages to profits. Since the latter accrues to a much smaller share of the population, an adverse movement in the ratio indicates a skewed earnings distribution in the industrial sector. The Annual Survey of Industry (ASI) data shows that the wage-profit ratio started declining from the second half of the 1980s in India. The fall has been spectacular. From a value of more than 2.5 in the late 1980s, it had come down to less than 0.3 by the end of 2012-13. Various factors might have led to this decline.<br />
<br />
Please <a href="http://www.livemint.com/Opinion/53GWGOGWiVuqZibDu4hxnO/Is-Indias-labour-market-moving-towards-a-May-Day-situation.html">click here</a> to read more.
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-Livemint.com

While economists disagree on the extent of rigidity in India&rsquo;s labour regime, there is a broad consensus on the need to simplify labour laws 

After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws&mdash;the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment...'
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