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The story of Bengal’s economy -Maitreesh Ghatak

-Hindustan Times Income and urban expenditure grew at below the national average. But rural expenditure grew faster, and there is a sharper dip in poverty levels Poriborton, or change, was the buzzword 10 years ago when the Trinamool Congress (TMC) defeated the Left Front. This time around, one of the popular campaign slogans, used by the prime minister, is asol poriborton or real change. The demand for change clearly has not changed...

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Technology enabled digital labour platforms are not adhering to labour norms, points out new ILO report

Although services provided by the gig and platform workers touch the lives of each one of us, we have little knowledge about the role of digital labour platforms in transforming the world of work. Such digital labour platforms have created unprecedented opportunities for workers, businesses and society. However, they also pose serious threats to decent work and fair competition. A recent report by the International Labour Organisation (ILO) shows that the...

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The pillars of an equitable post-COVID India -S Mahendra Dev

-The Hindu In the post-pandemic world, addressing inequality is key to sustaining growth and well-being COVID-19 in the last one year has once again reminded us of the growing inequalities in India. A recent Pew Research Report shows that India’s middle class may have shrunk by a third due to the novel coronavirus pandemic while the number of poor people earning less than ₹150 per day more than doubled. The Pew report...

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Behind the politics battle, West Bengal’s slowdown economics -Sandeep Singh and Sunny Verma

-The Indian Express The anti-incumbency Banerjee faces is as much about local-level corruption and competing ideologies as it is about stalled industrialisation, weak credit growth, a near-freeze in new jobs, low infrastructure development and agriculture spend. AS West Bengal Chief Minister Mamata Banerjee fights perhaps her most significant electoral battle, framing her contest is not just BJP vs Trinamool politics — but the state’s economics as well. The anti-incumbency Banerjee faces is as...

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In February, output of core sectors contracts by 4.6%

-The Hindu/ PTI It is the steepest contraction in the last six months The output of eight core sectors declined by 4.6% in February, the steepest contraction in the last six months, which, experts said, could drag the overall industrial production in the month into the negative territory. All the key segments, including coal, crude oil, natural gas, and refinery products, witnessed a decline in production, according to the official data released on...

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