-Livemint.com The ongoing reforms won’t help if they remain deprived of market access and suffer low demand Earlier this week, as part of the package for Aatmanirbhar Bharat, the Cabinet approved the proposals for agricultural marketing reforms announced in May by finance minister Nirmala Sitharaman. The government has approved the The Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020, along with amendments to the Essential Commodities Act. It has also...
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12-year low -- and Before Covid
-The Telegraph 2019-20 economic growth tumbles to 4.2% India’s economic growth has tumbled to a 12-year low of 4.2 per cent in 2019-20. What is even worse is that this statistic barely reflects the impact of the coronavirus-induced lockdown, which has silenced the clangour in its factories for over two months. The lockdown began on March 25 — barely a week before the close of the financial year. “Due to a contraction in Investment of...
More »Diluting Laws Will Mean More Casual Labour – and That's Not a Good Thing -Anjana Thampi and Ishan Anand
-TheWire.in No job contract means lower pay and longer hours. In a desperate bid to encourage Investment, several states have made sweeping changes to labour laws over the past month. A number of states have extended the maximum daily work hours from nine to 12, removed the requirement to pay minimum wages, diluted safety norms, restricted the rights of workers to unionise and made it easy for employers to fire workers. While netas...
More »Santosh K Mehrotra, Professor of Economics at the Centre for Informal Sector & Labour Studies at Jawaharlal Nehru University, interviewed by Sobhana K Nair (The Hindu)
-The Hindu India risks losing benefits of the demographic dividend by not creating enough jobs for new entrants, warns Professor Mehrotra. Santosh K Mehrotra, Professor of Economics at the Centre for Informal Sector & Labour Studies at Jawaharlal Nehru University and author of the recently launched book Reviving Jobs: An Agenda For Growth said the current reverse migration has set the country back by 15 years, and stressed that the economic stimulus...
More »Migrants Back In Jharkhand: ‘Give us a reason to stay… something beyond MGNREGA’ -Abhishek Angad
-The Indian Express The Indian Express spoke to a cross-section of migrant workers back from different parts of the country. These are day labourers and skilled workers such as carpenter, embroiderer, welder, among others. One thread connects them — demand for something beyond MGNREGA. Ranchi: Rakesh Verma and Suresh Yadav had left their homes in Jharkhand for jobs in metro cities and were in no hurry to return. Verma, 22, had a...
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