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Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha

-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...

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New EPFO accounts no proxy for new jobs -Santosh Mehrotra and Kingshuk Sarkar

-FinancialExpress.com Recent registrations cited as proof of job creation were mostly formalisation of existing jobs Defending the Centre’s record on employment, prime minister Narendra Modi, in a speech in Rajya Sabha, talked about the impressive net enrolment to Employment Provident Fund Organization (EPFO): during 2021, 1.20 crore beneficiaries were enrolled under EPF—about 65 lakh beneficiaries in the 18-25 age bracket, implying they are first-time entrants to the labour market. He connected the...

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Bengal seeks 8 crore more mandays under 100-days’ job scheme -Snehamoy Chakraborty

-The Telegraph CM Mamata Banerjee also expressed her concern over the curtailment of allotment for the MGNREGA scheme during an administrative review meeting in Calcutta Bolpur (Birbhum): The Mamata Banerjee government has written to the Centre with a plea to approve 8 crore more mandays under the 100-days’ job scheme for Bengal in the current fiscal after the state achieved its approved labour budget of 27 crore mandays. “The Centre has so far...

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Explained: Labour Codes, its Phased Introduction, and Upcoming General Strike -Ronak Chhabra

-Newsclick.in The latest discussion over the Codes, if true, clearly indicates a crucial shift in the position of the Central government. What does this shift mean for trade unions, which have given a call for two-day nationwide strike on February 23 and 24. New Delhi: On Wednesday, a major Indian business newspaper reported that the Union Ministry of Labour and Employment was considering introducing the four controversial Labour Codes in a staggered...

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The politics of a Minimum Support Price -Varghese K George

-The Hindu Facilitating a bargain between wealth accumulators and welfare seekers seems to have become the key function of politics A new election season is around. Five States (Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab) will elect new Assemblies and Chief Ministers in the coming weeks. Parties are wooing voters with dazzling new promises. The Aam Aadmi Party leader, Arvind Kejriwal, is offering ₹1,000 a month to all adult women (above age...

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