-Livemint.com The lack of jobs is forcing many people to stop looking for one and thus drop out of the workforce. Here’s the good news first. According to the Centre for Monitoring Indian Economy (CMIE), the unemployment rate for June 2021 fell to 9.17%. It was at 11.9% in May. The following chart plots the unemployment rate since January 2016, the period for which this data is available. As can be seen from...
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Govt to roll out unorganized sector database by end of Jul -Prashant K Nanda
-Livemint.com The aim is to enrol nearly 380 mn workers and provide them benefits during times of distress The Union government will roll out the unorganized sector database by the end of July to enrol almost 380 million workers, weeks after the Supreme Court rapped the labour ministry, saying that it showed “unpardonable" apathy towards workers in the informal sector. The development comes more than a year after the mass reverse migration of...
More »In Wake Of Covid-19, India’s Unfolding Pandemic Of Hunger -Dipa Sinha
-Article-14.com As the Supreme Court orders community kitchens for the poor and ration cards made usable anywhere in India by 31 July 2021, that still excludes more than 100 million without ration cards. As hunger rises, and nutrition schemes to women and children are disrupted, we explore what can be done. New Delhi: The Covid-19 pandemic shrank India’s economy by -7.3% in 2020-21, an estimated 66% of those interviewed in one survey...
More »Migrant workers bore the brunt of 2020 lockdown due their poor access to social security schemes & legal rights, depicts latest NHRC report
The rise in COVID-19 daily new cases and daily new deaths compelled many state governments to impose local level lockdowns during April-May 2021. As of 20th April, 2021, partial lockdowns were noticed in 10 states across the country and complete lockdown was imposed in Delhi. As of 8th May, 2021, nearly the entire country was under complete lockdown as a result of either partial lockdowns and night curfews or complete...
More »How Covid-19 hurt household savings in India -Shoaib Daniyal
-Scroll.in A drop in household savings has caused concern about economic recovery in the country. On Wednesday, the Reserve Bank of India released data on household savings for the third quarter of 2020-’21. This covered the October-December 2020 period, which means the data captured the aftermath of first Covid-19 wave in India and the economic disruptions that containment measures such as lockdowns caused. The numbers are disappointing with a sharp dip in the...
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