-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....
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Poor Economics: Has India’s poverty really fallen? -Santosh Mehrotra & Jajati Parida
-Financial Express Dataset and methodological weaknesses cast doubt on recent poverty estimates that claim drastic reduction Bhalla, Bhasin and Virmani in a working paper (IMF), claimed India’s poverty, per a $1.9 per person per day poverty line (at PPP), was 0.9% of the population in 2020. Thanks to government transfer of free rations of 5 kg per person month, it fell to 0.8% (from 0.9% in 2019). Roy and de Velt, for...
More »The historic injustice served to care workers by India’s highest court -Aarefa Johari
-Scroll.in Anganwadi staff are vital to ensuring the wellbeing of India’s children. Yet in 2006, the Supreme Court refused to recognise them as government employees. The government of Karnataka needed a hundred women. It was 1982, the new Integrated Child Development Services scheme was about to launch in the state, and according to the advertisement in the local newspaper, these work opportunities were available specifically for women who had completed Class 10. Ameenabi...
More »New EPFO accounts no proxy for new jobs -Santosh Mehrotra and Kingshuk Sarkar
-FinancialExpress.com Recent registrations cited as proof of job creation were mostly formalisation of existing jobs Defending the Centre’s record on employment, prime minister Narendra Modi, in a speech in Rajya Sabha, talked about the impressive net enrolment to Employment Provident Fund Organization (EPFO): during 2021, 1.20 crore beneficiaries were enrolled under EPF—about 65 lakh beneficiaries in the 18-25 age bracket, implying they are first-time entrants to the labour market. He connected the...
More »The Empty Promise of Social Security to Gig Workers -
-Leaflet.in/ Newsclick.in In light of the recent PIL filed before the Supreme Court demanding social security for gig/platform workers, it is critical to pay attention to how the recent labor codes, which are paraded as being progressive, are a mere lip service to social security, including for gig/platform workers, writes Namrata. In September last year, the Indian Federation of App Based Transport Workers [IFAT], a workers’ organisation consisting largely of gig transport...
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