-The Hindu Bias hurts career: LinkedIn survey About 85%, or four in five working women in India believe they have missed out on a raise, promotion, or work offer because of their gender, according to a new report by LinkedIn. As per the ‘The Opportunity Index 2021’ report, this Average stands at 60% for the Asia Pacific (APAC) region. “A deeper analysis shows that more women in India have experienced the impact of...
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Indians Work Longest, Earn Least With Virtually No Time for Leisure: ILO Report
-TheWire.in The minimum statutory wage of an Indian worker is the lowest in the world, except for some sub-Saharan African countries. New Delhi: A latest report by the International Labour Organization (ILO) has revealed that Indians are among the most overworked lot globally while earning the least minimum statutory wage in the Asia-Pacific region, barring Bangladesh, Live Mint has reported. India ranks fifth in the world among the countries with long working hours...
More »Finance Minister hints at review of tax limit on EPF -Raghuvir Srinivasan, Parvatha Vardhini C and Aarati Krishnan
-The Hindu No plan to merge the EPF with NPS, says Nirmala Sitharaman. Finance Minister Nirmala Sitharaman has said there is no intent to discourage higher income earners from saving with the Employees Provident Fund (EPF) and that she was open to reviewing the contribution limit of ₹2.5 lakh a year for tax-free interest, imposed in the recent Union Budget. Reiterating that the EPF will continue to remain in its present form, the...
More »Indian workers work longest, earn the least -Rukmini S
-Livemint.com India’s new draft labour codes, which envisage a shorter work week, may offer some flexibility to a small section of the country’s workforce. But it is not going to reduce working hours in a country that has among the longest working hours in the world For white collar workers who have made an easy transition to working from home, the prospect of a four-day work week, as proposed by India’s new...
More »Money vs. happiness -Raghav Gaiha and Veena S Kulkarni
-The Hindu Subjective well-being and income are intricately linked The question whether the rich are more satisfied with their lives is often taken for granted, even though surveys, like the Gallup World Poll, show that the relationship between subjective well-being and income is often weak, except in low-income countries in Africa and South Asia. Researcher Daniel Kahneman and his collaborators, for example, report that the correlation between household income and reported life...
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