-Newsclick.in A majority of enterprises surveyed said they were finding it difficult to manage staff and operations, the ILO report says. New Delhi: As the COVID-19 pandemic disrupts several economies worldwide, particularly India’s, a new report by the International Labour Organisation (ILO) says that the greatest challenge faced by businesses across the globe has been keeping up cash flow to manage operations and staff, tide over supplier disruptions and gaining access to...
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Women spend most of their daily time in unpaid domestic and care work, shows the latest Time Use Survey data
Among other things, one of the reasons (given by some economists) behind low labour force participation rate (LFPR) of women vis-à-vis men in the country is that more young girls are educating themselves, causing an improvement in the secondary and tertiary enrolment rates. It means that more Indian women are staying out of the labour force in order to continue their education – secondary education and / or college &...
More »40% of toilets surveyed by CAG in government schools non-existent, unused
-The Hindu Over 1.4 lakh toilets were built by 53 CPSEs, with key support coming from power, coal and oil firms Public sector units claimed to have constructed 1.4 lakh toilets in government schools as part of a Right to Education project, but almost 40% of those surveyed by the Comptroller and Auditor General of India (CAG) were found to be non-existent, partially constructed, or unused. In an audit report presented in...
More »An economic disaster foretold -Amit Bhaduri and Deepankar Basu
-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
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