-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...
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What’s behind the ‘improvement’ in employment situation in labour force survey report -PC Mohanan
-ThePrint.in The improved employment scenario as per PLFS 2019-20 is restricted to women and is due to the increased percentage of rural women in the unpaid family worker category. The National Statistical Office (NSO) has recently released the third annual report of the Periodic Labour Force Survey (PLFS) for the year 2019-20 and also the quarterly estimates for urban areas based on the panel survey of urban households till June 2020. At...
More »The rural economy can jump-start a revival -Himanshu
-The Hindu The Government needs to reverse its neglect and policy missteps as key indicators show the sector has resilience The second wave of the COVID-19 pandemic could be slowly receding with a decline in the official estimates of daily infections and deaths. The economy is also very gradually getting back to normal, with many States beginning to ease some of the restrictions imposed in their lockdowns. However, the challenge of an...
More »Save water: We need a lot of blue to stay green -Niraj Kumar and Sagarika Mishra
-The Financial Express According to a study, by 2025, agricultural productivity is likely to fall by 68 percent in more than one-third of India's districts that are currently under water stress. The covid-19 pandemic’s impact on the country’s economy has been colossal. Nevertheless, Indian agriculture to date has resisted the onslaught. Though in the FY 2020-21, India’s GDP contracted by 7.7 percent, including negative growth in industry and services agriculture delivered a...
More »Second wave wreaking havoc on rural lives. Will it impact rural livelihoods as well?
With the rise in Covid-19 daily new cases and daily new deaths since March this year, media reports (please click here and here) on migrant workers returning back to their native places (i.e. places of origin) from migration destinations (i.e. workplaces likes cities and large industrial towns to where the informal and low skilled workers from the marginalised sections of the society migrate seasonally, and sometimes for a longer duration,...
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