-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...

-The Indian Express The Centre plans to fix minimum national monthly wages at around Rs 15,000 for all jobs in both the formal and informal sectors in the country. The National Minimum Wages Act, 1948, lays down minimum wages for 45 listed economic activities, which also serve as minimum wages for these activities in the states. However, states can specify minimum wages for over 1,600 economic activities. Raising floor wages to Rs 15,000...

-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...

Far from being dead and gone, slavery exists in many forms and is flourishing. A disturbing report on modern slavery compiles facts and figures and documents data about new forms of slavery all over the world. Even more disturbing is the fact that India figures in very high on slavery index. It says that almost 61% of those living in modern slavery are in 5 countries: India, China, Pakistan, Uzbekistan...

-The New Indian Express NEW DELHI: Taking a step towards initiating labour reforms, the BJP Government on Friday managed to get the Labour Amendment Bill passed in the Lok Sabha, thus paving a way for it to become a law. The Bill has already been passed by the Upper House. The Labour Law (Exemption from Furnishing Returns and Maintaining Registers by certain Establishments) Amendment Bill, 2011, was passed in the Lok Sabha...