-The Indian Express/ PTI inputs Prime Minister Narendra Modi has declared Rs 2 lakh compensation each to the kin of the deceased and Rs 50,000 each to those injured. Surat: Fifteen people were killed early on Tuesday when a dumper truck ran over a group of migrant labourers from Rajasthan and Madhya Pradesh who were sleeping on a pavement on the Kim-Mandvi road in Surat. Six others, including the driver and cleaner of...
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Pandemic Effect: 9 Months On, More Younger Workers Remain Jobless -Rosa Abraham, Amit Basole and Surbhi Kesar
-IndiaSpend.com More younger workers, and women, lost jobs and struggled to recover them. Even after employment rates recovered, quality of employment deteriorated, with individuals moving into less secure self-employment in agriculture, construction and small-scale trade. Bengaluru: The COVID-19 pandemic has delivered a large and sustained economic shock to the global economy. In India, the effect can be broadly divided into two phases--the shock of the nationwide lockdown in the months of April...
More »The government must universalise maternity benefits -Dipa Sinha and Jashodhara Dasgupta
-Hindustan Times Maternity benefits should be a right of all workers regardless of employment status, or the number of children The key findings from the National Family Health Survey-5 (NFHS-5) of selected states have reminded us that India is facing a crisis of poor nutrition outcomes. Prevalence of stunting among children has remained stagnant or increased in most of these states. The appalling under-nourishment of children reflects poor maternal nutrition, widespread anaemia...
More »Kerala tribal youth’s dream journey: From daily wager to software engineer in Europe
-The New Indian Express When he was in Class IV, Binesh Balan had done manual jobs in his native Kolichal in Kasaragod to escape grinding poverty. KOZHIKODE: When he was in Class IV, Binesh Balan had done manual jobs in his native Kolichal in Kasaragod to escape grinding poverty. Two decades on, the boy, now 29, belonging to the Mavilan tribal community, succeeded in developing an open banking software as a researcher...
More »Explained: Balance sheet of a bad bank -Sunny Verma and George Mathew
-The Indian Express As the problem of non-performing assets persists in a sector stressed by the pandemic, the RBI Governor has agreed to look at a proposal for creating a bad bank. What are the arguments for and against the concept? Mumbai, New Delhi: The idea of setting up a bad bank to resolve the growing problem of non-performing assets (NPAs), or loans on which borrowers have defaulted, is back on the...
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