-The Hindu It allows employers to extend unlimited advances to workers and charge an unspecified interest rate on such loans Debt bondage is a form of slavery that exists when a worker is induced to accept advances on wages, of a size, or at a level of interest, such that the advance will never be repaid. One of India’s hastily-passed Labour Codes — the Code on Wages, 2019 — gives legal sanction...
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India’s informal economy has not shrunk -Santosh Mehrotra and Kingshuk Sarkar
-The Hindu An SBI Research study’s claim that there is greater formalisation of the economy is unfounded According to a recent State Bank of India (SBI) Research report, the informal economy in India has been shrinking since 2018. Formalisation, the report says, has taken place through the gross value-added (GVA) route, consumption through increased digital payments, and the employment route. Let’s examine each of these. The report claims that the share of the...
More »Informal sector shrank sharply in 2020-21: SBI report -Vikas Dhoot
-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as Informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...
More »Women comprise nearly half of informal sector workers, data from new national portal shows -Zia Haq
-Hindustan Times Workers who have registered so far belong to diverse occupations, such as construction, apparel manufacturing, fishing, gig and platform work, street vending as well as domestic work. Nearly half of 40 million workers of the country’s informal economy registered on a recently launched national portal are women, and most workers regardless of gender are from disadvantaged castes, official data that shines new light on India’s invisible unorganised labour force shows. Trends...
More »Post-pandemic Exploitation of Food Delivery Workers, and the Legal Reforms Needed -Nilabhra Bhattacharya
-Newsclick.in Why are gig workers not recognised by three of the four recently passed labour codes? Shedding light on the problems that food delivery app workers have been facing in the post-pandemic period in India, NILABHRA BHATTACHARYA advocates for gig workers’ recognition under all the labour codes that were passed by the Parliament in 2019 and 2020 to provide them minimum labour protections and rights. RECENTLY, the food delivery apps Swiggy and Zomato...
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