ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...
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COVID-19 Impact: 41 Lakh Youth Lost Jobs in India, Says ILO-ADB Report
-TheWire.in/ PTI The young people's employment prospects in Asia and the Pacific are severely challenged due to the pandemic, the report found. New Delhi: As many as 41 lakh youth in the country lost jobs due to the COVID-19 pandemic while construction and farm sector workers account for the majority of job losses, according to a joint report by the International Labour Organization (ILO) and the Asian Development Bank (ADB). “For India, the...
More »Pesticide offtake edges up even as more farmers shun agrochemicals -Vishwanath Kulkarni and V Sajeev Kumar
-The Hindu Business Line AP, Kerala, Punjab, TN, Rajasthan, M.P. and Chhattisgarh see a dip in consumption After witnessing a slump in 2018-19, pesticide consumption registered a marginal growth in 2019-20. However, more States are reporting a decline in usage of agrochemicals on rising awareness of the harmful effects among both producers and consumers. States such as Punjab, Rajasthan, Andhra Pradesh, Tamil Nadu, Chhattisgarh and Kerala reported a decline in usage of technical...
More »The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »How come companies have money for PM Cares fund, but not for their staff? -Vivek Kaul
-Newslaundry.com Any company in India wanting to do business without being disturbed needs to be in the good books of the government. In the post-Covid world, companies are looking to cut costs in order to survive. They have been doing so in various ways. Some of the popular ways in the Indian context are: 1) Cutting salaries of employees. 2) Putting any fresh recruitment on hold. 3) Putting increments on hold. 4) Putting variable payouts on...
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