-Down to Earth Poor, marginalised to be worst hit; Economic productivity to be jeopardised too A new report by the World Bank suggests India could soon become one of the first places in the world to experience heatwaves that break the human survivability limit. Climate Investment Opportunities in India’s Cooling Sector said the country is experiencing higher temperatures that arrive earlier and stay far longer. India has witnessed a concurrent increase in meteorological...
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India’s Manufacturing Growth Slowdown a Decadal Problem -Deepanshu Mohan
-TheWire.in In India’s growth trajectory, for over a decade, domestic private investment levels have remained consistently low and so has (domestic) manufacturing growth. As per recent quarterly estimates, India’s growth rate slowed to 6.3% in the September quarter of 2022-23. There is evidence of a notable contraction in output of manufacturing that’s pulling down growth. This author has previously argued that quarterly growth estimates may not reveal the real state of an economy....
More »Big industries don’t observe uniform labour standards in India: Bharatiya Mazdoor Sangh at ILO meet -AM Jigeesh
-The Hindu BMS chief Hiranmay Pandya said workers face low wages, lack of job security and social security benefits, and had to suffer Poor working conditions this year On the second day of the Asia Pacific Regional Meeting of the International Labour Organisation (APRM of ILO), representatives of workers and employers from India on Wednesday highlighted the employment situation in the country. While employers hailed the Union government’s steps to “help” workers...
More »Slow wheel: Editorial on the complicated bail process of undertrial prisoners
-The Telegraph It has been estimated that 76% of all prisoners in India — 371,848 in absolute numbers — are undertrials Days after the Indian president, Droupadi Murmu, highlighted the plight of Poor and tribal undertrials languishing in jails for petty crimes despite getting bail, the Supreme Court has sought details of such prisoners for formulating a national scheme for their release. This is timely. It has been estimated that 76% of...
More »Need to make agri credit system equitable -Bishwa Bhaskar Choudhary
-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial banks and points towards the Poor credit delivery capability of cooperative banks and regional rural banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been...
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