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Joblessness and opportunity in Tamil Nadu -Vikas Kumar, PG Babu and Poonam Singh

-The Hindu The longer-term decline in the labour participation rate can be attributed to a host of factors The COVID-19 pandemic has disrupted economies across the world and presented policymakers with the unenviable task of sustaining employment amidst lockdowns. However, the academic and political debates in India on unemployment, which is widely attributed to jobless growth amidst stagnation in the agricultural and manufacturing sectors, predate the pandemic. It will be useful to...

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The indispensability of labour in reviving India’s economic engine -Maitreesh Ghatak

-Hindustan Times To enable their return to cities, improve wages, living conditions, safety net. Coercion won’t work Migrant workers are like nowhere people. Yet, they are everywhere. From high-rises to highways, who builds them? It is a silent army of migrant workers, working day and night with no job security, no social safety net, and poor living conditions — yet, theirs are not the names we see on the billboards or the...

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Informal sector workers don’t have the privilege to stay at home & work online in the time of COVID-19

After the outbreak of COVID-19 in China during early January this year and its dissemination globally within a few days, health experts have suggested ways to check its spread exponentially among the rest of the population. In the age of internet connectivity, work-from-home and self-isolation have been advised as solutions to ensure social distancing and avoid large-scale social gatherings. Experts have asked governments and private enterprises to keep people at...

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Budget again reveals structural fiscal constraint -Rathin Roy

-Business Standard/ NIPFP Strap: It recognises that the medium-term fiscal arithmetic does not afford space for expansionary fiscal policy   In my column on the FY20 Budget (A silent fiscal crisis, July 5, 2019), I had warned that the government faced a structural fiscal constraint that was concealed by using incorrectly optimistic numbers for revenue receipts. This year’s Budget is transparent. But the government continues to be heavily fiscally constrained due to inadequate...

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India's GDP growth slips to 4.5%, slowest in more than six years

-The Indian Express The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March 2013. Owing to a deceleration in manufacturing output and subdued farm sector activity, India’s GDP growth slipped to a 26-quarter low of 4.5 per cent in the second quarter (July-September) of the current fiscal, data released by National Statistical Office (NSO) Friday showed. The GDP...

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