-The Telegraph 32.6% of the 18.1 million jobs in the country were lost in four months India witnessed the erosion of nearly a third of its white-collar jobs between May and August, with professionals like software engineers, teachers, accountants and analysts taking the biggest hit, a survey by a data agency has shown. The Centre for Monitoring Indian Economy has found that 5.9 million (32.6 per cent) of the 18.1 million white-collar jobs...
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An economic disaster foretold -Amit Bhaduri and Deepankar Basu
-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...
More »Why society owes Asha workers a debt -Dipa Sinha
-Hindustan Times Expanding better opportunities with decent wages for frontline workers could also contribute to the revival of the rural economy by putting wages into the hands of many, and take us closer to achieving our health and nutrition goals The unsung heroes of the response to the Covid-19 pandemic have most definitely been the millions of frontline women workers, especially Accredited Social Health Activists (Ashas) who have been working tirelessly at...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
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....
More »Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers
ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...
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