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A bullet train to hunger -Dipa Sinha and Rajendran Narayanan

-The Hindu The pandemic has highlighted the importance of expanding social security nets Pinki is a 28-year-old Dalit woman from Saharanpur, U.P. Her husband met with an accident during the national lockdown in April 2020. The two of them had to sell all their belongings for his treatment and subsequently became dependent on her parents. Such avoidable miseries were heaped on millions due to the unilateral national lockdown in 2020. The monthly...

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Average monthly income for workers fell by 17%

-The Hindu Households coped with the loss of income by reducing food intake, selling assets, and borrowing from friends, relatives and money-lenders The COVID-19 pandemic has substantially increased informality in employment, leading to a decline in earnings for the majority of workers, and consequent increase in poverty in the country, according to ‘State of Working India 2021: One Year of Covid-19’, a report brought out annually by Azim Premji University’s Centre for...

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India on the brink of unprecedented unemployment crisis: CMIE report -Gyan Pathak

-TheLeaflet.in Analysing a recent report on unemployment in India by the Centre for Monitoring Indian Economy, GYAN PATHAK warns about the looming unprecedented unemployment crisis. —– THE real extent of the economic damage from last year is now in the open. The biggest loss of employment in 2020-21 was suffered by salaried employees as opposed to the popular belief that they were the safest in terms of security of employment and earning during...

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Indians Work Longest, Earn Least With Virtually No Time for Leisure: ILO Report

-TheWire.in The minimum statutory wage of an Indian worker is the lowest in the world, except for some sub-Saharan African countries. New Delhi: A latest report by the International Labour Organization (ILO) has revealed that Indians are among the most overworked lot globally while earning the least minimum statutory wage in the Asia-Pacific region, barring Bangladesh, Live Mint has reported. India ranks fifth in the world among the countries with long working hours...

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The country should worry about further worsening of economic inequality in the post-COVID period

The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...

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