Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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A recipe to tear down trade unions -Gautam Mody
-The Hindu The new labour laws are a brutal attack on workers’ ability to safeguard their rights Labour law ‘reform’ has been on the table since 1991 as every government’s favourite solution for economic growth. Yet, there was no consensus between governments, political parties, workers and their trade unions, and employers, on what this meant. Unlike other political formations, the BJP has been in unqualified agreement with employers that the existing labour...
More »Online News Portals, Content Providers Now Under Government Regulation -Arvind Gunasekar
-NDTV.com New Delhi: The government has issued an order bringing online news portals and content providers such as Netflix under the Information and Broadcasting ministry. At present, there is no law or autonomous body governing digital content. The Press Council of India takes care of the print media, the News Broadcasters Association (NBA) monitors news channels, the Advertising Standards Council of India is for advertising while the Central Board of Film Certification (CBFC)...
More »Informal Sector Workers Continue to Struggle with Low Wages, High Debts: ActionAid Report -Sumedha Pal
-Newsclick.in Almost 24% of the respondents reported having earned no wages in the unlock phases and close to 50% said that their monthly wages were less than Rs 5,000. A fact sheet produced by ActionAid Association India following its surveys focussing on informal workers has exposed the inadequacies of the governments that are failing in improving workers’ lives. The extensive report, which is a part of the organisation’s longitudinal study on the impact...
More »Govt to set up Driver Training Centres in tribal areas, 115 poorest districts -Avishek G Dastidar
-The Indian Express Union Minister Nitin Gadkari said that those from economically and socially backward classes can benefit from this programme as India has a shortage of around 22 lakh drivers. New Delhi: Citing the shortage of drivers in India, the government is working to set up Driver Training Centres in tribal areas and in the 115 poorest districts in the country. Union Minister Nitin Gadkari said that those from economically and socially...
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