Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
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Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
More »Contours of post-Covid economy suggest a new framework of employment -Ashish Kundra
-The Indian Express The current crisis should force a discussion on the levels of social protection which should be available to gig workers including wage protection, health benefits and safety assurance. COVID-19 has induced a domino effect in the global job market. A few days ago, a strange message landed in my LinkedIn inbox: Desperation was written all over the poignant plea for a job opening. Jobless since March, with an aged...
More »Migrants Back In Jharkhand: ‘Give us a reason to stay… something beyond MGNREGA’ -Abhishek Angad
-The Indian Express The Indian Express spoke to a cross-section of migrant workers back from different parts of the country. These are day labourers and skilled workers such as carpenter, embroiderer, welder, among others. One thread connects them — demand for something beyond MGNREGA. Ranchi: Rakesh Verma and Suresh Yadav had left their homes in Jharkhand for jobs in metro cities and were in no hurry to return. Verma, 22, had a...
More »Women's labour force participation in India among the world's lowest: Oxfam -Shagun Kapil
-Down to Earth Three in four Indian women not employed while the gender pay gap is 34 per cent Irrespective of employment category (casual and regular/salaried), organised or unorganised sector, and location (urban and rural), women workers in India are paid a lower wage rate, says a report by Oxfam, an international non-profit organisation. The gender pay gap was 34 per cent in India, that is, women get 34 per cent less compared...
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