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Understanding the new labour codes -Zia Haq

-Hindustan Times The Industrial Relations Code, 2020, bring new rules for hiring and firing of labour in mid-sized and large industries, making retrenchment easier. Parliament on Wednesday passed the three labour code bills – the Occupational Safety, Health And Working Conditions Code, 2020; the Industrial Relations Code, 2020; and the Code on Social Security, 2020 – merging 24 central labour laws in a major boost to labour reforms. The National Democratic Alliance...

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A session marked by govt’s stock reply: It has no data -Sindhu Bhattacharya

-TheFederal.com Crucial questions such as on migrants, farmers and jobs remain in ‘suspended animation’ as a parliamentary panel takes a dim view of govt’s inability to present a clear view of nation’s socio-economic indicators The ongoing monsoon session of Parliament has been in the news more for the government hiding behind its stock reply — lack of data – than for legislating. Many questions have remained just that. These involved the number of...

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Joblessness woes fade away in rural India; unemployment falls to below pre-pandemic levels -Samrat Sharma

-Financial Express The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels. The unemployment rate in rural India significantly fell to 5.21 per cent in the last week, according to CMIE’s weekly employment data. The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels. Though the rising number of jobs plays a major role in reducing...

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Techies and teachers take white-collar hit -Basant Kumar Mohanty

-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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6 million white-collar workers lost their jobs during the lockdown -Prashant K Nanda

-Livemint.com * While 5.9 million white collar workers lost their jobs between May-August 2020, over the previous four months ended 30 April, this job loss number stood at 6.6 million when compared with May-August 2019 * Continued curbs and localized lockdowns have hit economic recovery and employment prospects NEW DELHI: Almost six million white-collar workers, including engineers, physicians, teachers, accountants and analysts, lost their jobs between May and August, the Centre for Monitoring...

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