-The Hindu The Haryana High Court order had stayed a controversial State law which provides 75% reservation for local youths in private sector jobs earning less than Rs.30,000 a month. The Supreme Court on Thursday set aside a Punjab and Haryana High Court order staying a controversial State law which provides 75% reservation for local youths in private sector jobs earning less than ₹30,000 a month. Industry associations have said the law “affects...

-The Telegraph The RBI’s inflation analysis goes against the grain The budget for 2022-23 was saluted for its growth push despite the record gap in revenues and expenditures: Rs 15 trillion would be borrowed to fill these. This, however, did not hold back the stock market from touching the sky, nor commentary greeting the raised capex to draw in private investments, create jobs, and support demand. Days later, the euphoria subsided as...

-Scroll.in Coal mining continues to flourish in the country but it is no longer a major source of employment. For four months in 2019, Umesh Kumar Saw protested against a new coal mining project that was sprouting up just 50 meters behind his home, threatening to gobble up three acres of his family’s agricultural land. But when the mining company offered him a job, he relented. His family gave up their land...

-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...

-The Telegraph The Centre’s efforts to introduce reformist laws to reinvigorate the business ecosystem can often be stymied by the states through regressive legislation Labour reform in India has always been a prickly subject and any attempt to amend legislation sparks outrage and resentment among one or the other group of stakeholders in the economy. When the Narendra Modi government crunched 29 Central laws into four labour codes last year, India Inc...