-The Telegraph The Centre for Monitoring Indian Economy has estimated the loss of 21 million salaried jobs between April and August, weeks after suggesting that 18.9 million salaried jobs were lost between April and July The Centre has said it does not accept survey data provided by “non-government agencies”, the assertion coming at a time independent agencies have reported enormous job losses in the country while the government has sat tight on...
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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana
-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...
More »Centre's Economic Package Addresses Long Term Issues, Not Immediate Concerns of Farmers -Mayank Aggarwal
-TheWire.in Millions of agricultural labourers are currently under stress due to the ongoing lockdown which has led to a loss in income, loss of jobs for migrant labour and a disruption in the supply chain. Following the stress on the agricultural sector by the COVID-19 related lockdown, the central Government has announced medium to long term relief measures as part of an economic package. However, the package has fallen short on immediate...
More »Government intervention needed for labourers to live with dignity, say experts -Tanushree Venkatraman
-Hindustan Times As migrant workers continue to be the worst-hit owing to the Covid-19 lockdown, the call for re-imagining migrant lives post the pandemic grew louder on May 1, International Labour Day. Various organisations working with migrant communities demanded immediate measures to address questions regarding the livelihood of the workers. “Sending them back home is not addressing the problem. It is a band-aid solution,” said Roshni Nuggehalli, executive director at Mumbai-based NGO Yuva. “The...
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