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....
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Azim Premji Bats For Worker Rights, Says Labour Laws Are Not Among "Industry's Top Constraints"
-TheWire.in In an op-ed, the IT services billionaire has said that diluting "already lax laws" will exacerbate conditions of low-wage earners. New Delhi: IT services firm Wipro founder Azim Premji on Saturday said he was shocked to learn of recent decisions taken by various state governments to weaken labour laws. In an op-ed in the Economic Times, the Indian billionaire argued that the dilution of “already lax laws” would not boost economic activity. “This...
More »Provide income support, restore jobs -R Nagaraj and Radhicka Kapoor
-The Hindu On the contrary, scrapping labour laws will only reduce wages, lower earnings and reduce consumer demand Following the adage, “never waste a crisis”, the government of Uttar Pradesh, last week, introduced an ordinance that has scrapped most labour laws for three years — ostensibly for creating jobs and for attracting factories exiting China following the outbreak of the novel coronavirus. These laws deal with the occupational safety, health and working...
More »Can we prevent rural suicides? Yes, it is possible, says a recent WHO-FAO publication
Almost one in every five suicides in the world is committed by self-poisoning with pesticide, which mostly occur in rural, agricultural areas of low- and middle-income countries (LMICs), states a new publication entitled 'Preventing Suicide: A resource for pesticide registrars and regulators'. Published jointly by the World Health Organization (WHO) and the Food and Agriculture Organization of the United Nations (FAO), the booklet says that the adoption of green revolution technology...
More »Repealing the Construction Workers Act Under New Labour Codes Will Prove Disastrous -Harshil Sharma
-TheWire.in In the name of simplification and universalisation, the new labour codes will likely result in increased worker exploitation. The Indian government has brought out four labour codes with the stated objective to rationalise and simplify the existing 44 labour laws. It is a welcome initiative to consolidate and simplify the delivery of justice to the working class. The four labour codes relate to wages, industrial relations, social security and welfare and...
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