-ThePrint.in Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka is racing to avert a default amid dwindling forex holdings. Colombo: Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean. Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka...

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

-Down to Earth blog Women workers in garment industry share stories of gender discrimination, insensitive treatment and government apathy  The garment industry has long been under the microscope for flouting labour codes, breaking environmental norms, violating human rights, pay structures and much more. The women garment workers who attended an orientation workshop at a hotel on Delhi-Gurugram road October 2021, headed by Society for Labour and Development (SLD), know about these flaws. In...

-Hindustan Times The highly-anticipated report will assess climate adaptation and the impacts of climate change, looking at ecosystems, biodiversity, and human communities at global and regional levels. A new report from the Intergovernmental Panel on Climate Change that is to be released on February 28 will be important for India, experts said, because it focuses on vulnerability and adaptation to climate crisis. The highly-anticipated report will assess climate adaptation and the impacts of...

-Newsclick.in The people are thus facing increasingly hard times, but in the bland vision of the Modi government, there is no cognisance of it. However, that itself is ominous because when the balance of payments becomes unmanageable, the Modi government will run to the IMF to ask for a rescue package. No budget in recent memory has been presented at a time when the economy is in such dire straits: unemployment is...