-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...
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Centre working on labour law changes -Somesh Jha
-Business Standard Working on clubbing all the 44 labour laws into five segments The Centre might take up changes to the Industrial Disputes Act on the lines of what the Rajasthan government recently did, sources said. The Union ministry has started work on clubbing all the 44 labour laws into five segments - industrial relations, wages, social security, working conditions and welfare cess. Sources told Business Standard the views of stakeholders had been taken...
More »Climate Change threatens farmers livelihood in Assam -Amarjyoti Borah
-TheHansIndia.com Climate Change and its adverse impacts which includes a change in the rainfall pattern and rising temperature is affecting farmers in the state of Assam, located in India's North East The state which is largely agriculture based has a major portion of the state's population engaged in this sector. According to data from the state agriculture department, over 70 percent of the state's population relies on agriculture as farmers, or agricultural labourers,...
More »Into the abyss? -Jitendra
-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...
More »Rajasthan hits the ground running -Shivpriya Nanda & Minu Dwivedi
-The Hindu Business Line Its bold labour reforms are a trendsetter, lending impetus to the ‘Make in India' initiative With ‘Make in India' taking centrestage in India's plan to position itself on a high growth track, far-reaching reforms in the labour, tax and land laws hold the key to the government's ambitions. The abundance of workers is undoubtedly India's biggest asset for its emergence as a preferred manufacturing destination. While the Centre has initiated...
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