-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...

-The Hindu Business Line By allowing children to work in family enterprises, amendments to the Child Labour Act have made them more vulnerable to exploitation. Tracking the issue will be more difficult, writes Preeti Mehra When the two houses of Parliament put their stamp on a few amendments to the Child Labour (Prohibition and Regulation) Act 1986 a couple of months ago, they also signed away the dignity of children and the...

-The Hindu The proposed labour reforms seek to weaken worker protection at a time when the Indian economy is not creating enough jobs, and the right kind of jobs. On September 2, 10 trade unions in India organised what was said to be one of the largest labour strikes in history. An estimated 120 million workers took part. The unions were protesting against the government’s unwillingness to grant a 12-point charter of...

-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...

-The Indian Express Mining has the distinction of being the most dangerous profession in India. Industry insiders concede that official numbers could be much lower than the actual deaths that take place deep inside the mines. Progressive improvements in the safety standard of India’s coal mines notwithstanding, every ten days last year there was a mining fatality in the country. And every third day last year, on an average, there was...