-The Times of India NEW DELHI: In a bid to ensure relief to more than four crore construction workers, the Supreme Court on Monday asked the Centre to treat them as formal sector Employees by bringing them within the ambit of social welfare laws and provide benefits like paid maternity leave, provident fund and minimum wage. The court directed the Centre to frame a scheme to ensure workers receive proper education,...
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What does corporate data tell us about job growth in India? -Tadit Kundu and Pramit Bhattacharya
-Livemint.com Corporate job growth has recovered over the past couple of years but the pace of job creation remains lacklustre The promise of creating new jobs helped Narendra Modi and his Bharatiya Janata Party (BJP) win a historic victory in the 2014 general elections. With a year left for the next general elections, Modi and his government find themselves under fire from opponents for what they perceive to be a failure to...
More »New metric for jobs growth to include informal economy -Prashant K Nanda
-Livemint.com The govt will count jobs created in establishments deploying less than 10 people, which essentially means that shops run by one owner and one employee too will be counted as employment generation New Delhi: Expanding the scope of job creation in the country, the National Democratic Alliance (NDA) government has now decided to start counting jobs created in the non-farm informal sector. The government has asked labour bureau under the Union labour...
More »Is the Peasantry in the Tiny State of Himachal Heading For a Major Crisis? -Tikender Singh Panwar
-Newsclick.in Despite the state being largely rural, the contribution of agriculture in the state’s gross domestic product is reducing considerably. The state of Himachal Pradesh has a predominantly rural population. Ninety per cent of the people here live in villages. There are 17,882 villages and about 59 urban settlements including two municipal corporations. There are more than 14.9 lakh families in the state. The total number of workers according to the census...
More »Public sector banks lost Rs 2,450 crore to frauds involving staff: RBI data -Chethan Kumar
-The Times of India BENGALURU: Among other things that emerged in the aftermath of the massive Punjab National Bank (PNB) scam is the active role of Employees of the Public Sector Banks (PSBs) in multiple frauds over the years. TOI has accessed Reserve Bank of India data that reveals the number of cases involving staff across various states and the amount of loss reported. Overall, data from April 2013 to June 2016...
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