-National Herald It is a scheme to engineer a transfer of income and wealth to those at the apex of the wealth pyramid. It is just a way to hand over wealth created with public money over decades to corporates Camouflaged In jargon that speaks of ‘monetisation of de-risked assets’, the BJP-led NDA Government has announced its plan to sell out India’s public sector. In that plan, assets ranging from roads, ports,...
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Official data corroborates deepening of livelihood crisis in urban areas during the 2020 nationwide lockdown
The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...
More »The shaky foundation of the labour law reforms -KR Shyam Sundar
-The Hindu It could be a long wait before employers and workers enjoy the so-called benefits extended by the labour codes The National Democratic Alliance government enacted the Code on Wages in August 2019 and the other three Codes, viz., the Industrial Relations Code, the Occupational Safety, Health and Working Conditions Code and Code on Social Security (CSS) in September 2020. Later, it had framed the draft rules albeit incompletely under all...
More »No time to lose, says Sunita Narain on the new IPCC report
-Press release by Centre for Science and Environment dated 9th August, 2021 The latest IPCC report confirms that we can no longer lose time in prevarication or in finding new excuses not to act, including empty promises of net zero by 2050. We bring you an appraisal of the report’s findings by CSE director general Sunita Narain * The Intergovernmental Panel on Climate Change (IPCC) releases the first part of its sixth...
More »Less Jobs, Even Lesser Income Crushing People’s Lives -Subodh Varma
-Newsclick.in Besides the dire jobs situation, what is even more distressing is falling income from surviving jobs. People in India are in the grip of a severe income crisis brought on by myopic government policies and aggravated by mismanagement of the pandemic. Part of this economic collapse is because the absolute number of jobs has shrunk. Another part – not much talked about – is because of low incomes from existing jobs. This...
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