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Core’s contraction: On slowing economy

-The Hindu As output and demand slow, India must retain twin focus on the pandemic and economy Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing...

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States compete to bring in sweeping changes to labour laws, ‘competition to attract capital’, say analysts -Aanchal Magazine

-The Indian Express A blanket suspension of labour laws, as has been in the case of UP, however, may not find favour, with the Centre leaning towards putting caveats in order to protect the rights of bonded labour, children and women. With at least 10 states moving to amend their labour laws ahead of restarting economic activities post the COVID-19 lockdown, an overhaul in the central labour laws is being seen in...

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UP govt withdraws order increasing daily working hours to 12 from 8 -Somesh Jha

-Business Standard The UP government's Ordinance, however, proposes increase in working hours from 8 to 10 hours a day New Delhi: The Uttar Pradesh government on Friday withdrew an order increasing the daily working hour limit in manufacturing units from eight to 12 hours. The move came a day after the Allahabad High Court issued a notice to the State on a public interest litigation challenging the order. In a communication to the...

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Panel proposes land pooling to corporatise agri, merging MNREGA with skilling programmes -Shyamlal Yadav

-The Indian Express The draft proposes that the land pooling model which is used in building greenfield airports can be used in agriculture to enable corporatisation, which will create demand for skilled labourers. A LAND pooling model enabling corporatisation of agriculture, opening up EPF and ESIC for the unorganised sector, merging the MNREGA with skill development programmes to create a wage subsidy programme —- these are some of the proposals that have...

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India's water problem has a simple solution -Mihir Shah

-The Indian Express Reducing its use in agriculture is the most effective way of solving India’s water problem. Spiritual teachers tell us that if we stay calm in the face of a crisis, our response is more likely to be meaningful, effective and sustainable. Like good scientists, they also advise us to maintain a clear and steady view of the facts of the situation, and then act accordingly. Those trying to solve...

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