Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...
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Banks turn cautious on student loans -Sangeetha Kandavel and Sanjay Vijayakumar
-The Hindu There has been sharp rise in the NPAs amid COVID-19 pandemic With unemployment rising, the ability of those who have taken education loans to pay back has come down sharply. As a result, the non-performing assets (NPAs) have increased in the last one-and-a-half years. R. Nagarajan had taken a loan for his engineering course and started repaying it when he got a job at a start-up in the second half of...
More »India must halt mass eviction that threatens to leave 100,000 homeless – UN experts
-Press release by United Nations Human Rights Office of the High Commissioner GENEVA (16 July 2021): UN human rights experts* today called on India to halt evictions of some 100,000 people – including 20,000 children – that began this week in the midst of monsoon rains. Demolition of homes began on Wednesday, 14 July, in a village in Haryana State built on protected forest land, even though the forest was actually destroyed...
More »Making welfare conditional is a stamp of coercion -Suhrith Parthasarathy
-The Hindu A simple reading of U.P.’s draft population control law is that it will grossly impinge on the right to reproductive freedom On Sunday, the government of Uttar Pradesh released a “Population Policy” in which it stated its intention to bring the gross fertility rate in the State down from the existing 2.7 to 2.1 by 2026. To achieve this, the government says it will consider the enactment of a new...
More »Jean Drèze, economist and honorary professor at the Delhi School of Economics, interviewed by Down to Earth
-Down to Earth The Government of India amended the payment procedure for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) some time ago. Due to this, MGNREGA workers in the states and Union territories faced a delay in their wage payment. This delay came at a time when the second wave of the novel coronavirus disease (COVID-19) was wreaking havoc across the country. MGNREGA was started in 2006. Economist and honorary...
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