-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....
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Covid mismanagement worsened unemployment problem -Santosh Mehrotra
-Deccan Herald What the 2020 annual Periodic Labour Force Survey data reveals is that the situation remains grim The Covid-19 pandemic has only worsened what was already a joblessness crisis in early 2020. The third annual labour force survey (2019-20) by the National Sample Survey Office (NSSO), covering the period till June 30, 2020, told a grim story. Earlier, the NSSO had in 2017-18 reported that open unemployment had reached a 45-year...
More »Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha
-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...
More »In Polls Pell-Mell, Parties Rush To Offer Both Infra Projects and Green Governance -Aathira Perinchery
-TheWire.in The manifestoes of major political parties in the fray in all five states promise both great infrastructure development and greater environmental safeguards. Kochi: In February and March, people in Uttar Pradesh, Uttarakhand, Punjab, Goa and Manipur will vote to elect their next chief ministers and ruling parties. If not at any other time of the year, the public consciousness of environmental issues is heightened in these states today, as both the...
More »Who is a Bhaiya? -Prabhash K Dutta
-IndiaToday.in Congress leader Charanjit Singh Channi courted controversy with remarks he made recently about "UP, Bihar de bhaiye" at a poll rally in Punjab. This week, Punjab Chief Minister Charanjit Singh Channi brought 'bhaiya' back into political business. Flanked by senior Congress party colleague Priyanka Gandhi Vadra, CM Channi told an election audience that he "will not let the 'Uttar Pradesh, Bihar, Delhi de bhaiye', who have come here to rule, enter"...
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