-The Hindu Six studies in four continents also reveal that small loans had no impact on women's empowerment Six studies in four continents, including one in India, have shown no evidence of microcredit successfully alleviating poverty, researchers said on Friday. Microcredit also had no impact on women's empowerment, the findings showed, upturning one of the articles of faith of development policy, including in India. Conducted by researchers affiliated to Innovations for Poverty Action (IPA)...
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Centre working on Labour law changes -Somesh Jha
-Business Standard Working on clubbing all the 44 Labour laws into five segments The Centre might take up changes to the Industrial Disputes Act on the lines of what the Rajasthan government recently did, sources said. The Union ministry has started work on clubbing all the 44 Labour laws into five segments - industrial relations, wages, social security, working conditions and welfare cess. Sources told Business Standard the views of stakeholders had been taken...
More »Bengal’s employment rate improving, says report
-The Hindu Kolkata: At a time when the Trinamool Congress-led West Bengal government has a strained relationship with the Bharatiya Janata Party at the Centre, a report by the Labour Bureau of India suggested that Bengal's employment rate was on the rise. According to the TMC's official website, the fourth Annual Employment-Unemployment Survey Report revealed that the unemployment rate in 2014 fell to 52 from 74 in 2012-13, the lowest since the...
More »Private sector, ‘care economy’ will be key engines of job creation for next 5 years –UN report
-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations Labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...
More »UN study predicts rising global unemployment due to slower growth, inequality, turbulence
-The United Nations An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend. According to the World Employment and Social Outlook - Trends 2015 (WESO) report, released today by the International Labour Organisation (ILO), the next four years will see the total number of people out of...
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