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India’s WPI inflation rises to over 8-year high of 7.39% in March

-The Indian Express India WPI March 2021: The wholesale price index (WPI) grew 4.17 per cent during the month of February and it rose to 2.51 per cent in January, the data from the Ministry of Commerce & Industry The wholesale inflation across the country rose over an 8-year high of 7.39 per cent in March, data released by the Ministry of Commerce & Industry showed. The wholesale price index (WPI) grew 4.17...

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Loan burden increased across India in 2020 amid pandemic: Study

-Down to Earth Among marginalised groups, indebtedness was highest in Muslim-majority and Scheduled Caste-majority hamlets Indebtedness became more acute in around 70 per cent hamlets surveyed in 75 Indian districts during October-December 2020, according to a study on the effects of the novel coronavirus disease (COVID-19) pandemic and lockdowns. The figure was 76 per cent in the first few months following last year’s lockdown. There was a slight dip in the indebtedness of...

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Care economy: Why India must recognise and invest in care work -Mitali Nikore

-The Indian Express Building infrastructure and services, including pre-primary education, maternity, disability and sickness benefits, and long-term care, will help ensure that India’s post-COVID recovery is equitable and gender-inclusive. The Cambridge Dictionary defines “infrastructure” as “the basic systems and services that are needed in order to support an economy.” Traditionally, infrastructure has been understood and interpreted to mean physical, immovable assets, primarily in the energy, transport, telecommunications and water sectors. Over the last...

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Technology enabled digital labour platforms are not adhering to labour norms, points out new ILO report

Although services provided by the gig and platform workers touch the lives of each one of us, we have little knowledge about the role of digital labour platforms in transforming the world of work. Such digital labour platforms have created unprecedented opportunities for workers, businesses and society. However, they also pose serious threats to decent work and fair competition. A recent report by the International Labour Organisation (ILO) shows that the...

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The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi

-The Indian Express The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for. As India’s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak,...

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