-The Indian Express The Covid lockdown has set off sweeping economic distress in cities but its crucial dimension has remained untold: the silent, devastating toll on the working woman in the city suddenly out of work *A month into the lockdown after she lost her job at an energy policy institute that paid Rs 24,000 a month, 29-year-old Reshma, a post-graduate in social work, sent her four-year-old daughter to live with her...
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Wealth Inequality in a Capitalist Society -Prabhat Patnaik
-Newsclick.in Two taxes – inheritance and wealth -- alone, levied only on the top 1% of the population, would be enough to fetch Rs.14.67 lakh crore. It is often believed that the ability to pass on property to one’s progeny is an essential element of capitalism, without which the capitalists’ incentives will dry up and the system will lose its dynamism. Nothing could be further from the truth; indeed the acquisition of...
More »The new urban poor in Mumbai: Salaries gone, pawning gold to pay school fees, NGO meals, rents unpaid -Mayura Janwalkar and Sadaf Modak
-The Hindu These families are on the brink of urban poverty, forced to do what they once thought was impossible — borrowing for their children's school fees, defaulting on EMIs, falling back on rent, cutting down on necessities. Mumbai: MANY locks in the nation’s financial capital are being opened one by one, new Covid numbers are falling but most doors — or windows — to any opportunity to earn are still firmly...
More »Women spend most of their daily time in unpaid domestic and care work, shows the latest Time Use Survey data
Among other things, one of the reasons (given by some economists) behind low labour force participation rate (LFPR) of women vis-à-vis men in the country is that more young girls are educating themselves, causing an improvement in the secondary and tertiary enrolment rates. It means that more Indian women are staying out of the labour force in order to continue their education – secondary education and / or college &...
More »Indian migrant workers in Gulf countries are returning home without months of salary owed to them -Rejimon Kuttappan
-The Hindu Wage theft — non-payment for overtime, denying workers their last pay check after he or she leaves a job, not paying for all of the hours worked, not paying minimum wages — is a trend that often goes unreported Haneesh Kumar P.B., an Indian migrant supervisor in an automobile company in Oman, was told to resign on April 30, along with some 400 colleagues. In all, the company asked around...
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