-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
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Delhi govt plans to set up hostels for daily wagers -Atul Mathur
-The Times of India NEW DELHI: Thinking beyond “rain basera”, the ordinary shelters for the homeless, Delhi government is now working on a proposal to set up working men’s hostels. Though at a conceptual stage, the hostels would provide dedicated beds to the working class in a dormitory with the provision of a community kitchen and recreational activities at a monthly rent of up to Rs 1,000, said sources. The hostels would be...
More »Surveying India's unemployment numbers -Mahesh Vyas
-The Hindu India’s labour participation rate, very low by world standards, fell sharply after demonetisation. Women bore the brunt Monthly measurement of the unemployment rate is one of the requirements of the Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF). The SDDS — India was one of the early signatories —was established in 1996 to help countries access the international capital markets by providing adequate economic and financial information...
More »Dharavi Small Units on the Brink of Disaster -Amey Tirodkar
-The Hindu Known as world's largest slum, Dharavi has another less known but more important identity. It is one of the most industrious localities in Mumbai, with small units of leather, garment, plastic and even bakery shops. Post-demonetisation, this huge production house is facing acute financial stress. Rahul Ingale, 32, is depressed. Sitting in his shop in Shastri Nagar of Dharavi, Mumbai, Ingale, who deals in the leather market, is facing a...
More »Gig economy has jobs, but long hours, no security and little pay -Nidheesh MK
-Livemint.com * In Kerala, the online economy taps into a labour pool willing to take up transient jobs due to lack of better options * The gig industry is defined as a Labour Market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs ERNAKULAM: The city was fast falling asleep. In home after home, bright porch lights were being turned off behind closed gates. Down an empty...
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