-The Hindu India risks losing benefits of the demographic dividend by not creating enough jobs for new entrants, warns Professor Mehrotra. Santosh K Mehrotra, Professor of Economics at the Centre for Informal Sector & Labour Studies at Jawaharlal Nehru University and author of the recently launched book Reviving Jobs: An Agenda For Growth said the current reverse migration has set the country back by 15 years, and stressed that the economic stimulus...
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One in every four in rural India unemployed, urban joblessness at 1-month low -Prashant K Nanda
-Livemint.com * Rural unemployment rate has been growing for the last couple of weeks despite rural economy opening up gradually * Economists believe despite the opening up of the economy, it will take time for unemployment situation to come back to the pre-covid time NEW DELHI: India’s rural unemployment rate climbed to 25.09% in the week ended 24 May from 22.79% in the previous week, while urban unemployment rate declined by over four...
More »Modi Govt is Blind to the Crushing Jobs Crisis -Subodh Varma
-Newsclick.in Additional funds for MSMEs and MGNREGA are going to create enough jobs, but the economy will remain in doldrums. There has been much mutual patting on the back and self-congratulation, after the Narendra Modi government announced two policy measures that could have a direct impact on job creation. These were: a special credit line of Rs.3 lakh crore for MSMEs (medium, small and micro enterprises) and an additional allocation of Rs.40,000...
More »States compete to bring in sweeping changes to labour laws, ‘competition to attract capital’, say analysts -Aanchal Magazine
-The Indian Express A blanket suspension of labour laws, as has been in the case of UP, however, may not find favour, with the Centre leaning towards putting caveats in order to protect the rights of bonded labour, children and women. With at least 10 states moving to amend their labour laws ahead of restarting economic activities post the COVID-19 lockdown, an overhaul in the central labour laws is being seen in...
More »The lockdown has highlighted stark inequalities -Zoya Hasan
-The Hindu Instead of embracing the welfare state path, the BJP government is encouraging greater privatisation The novel coronavirus is a global threat, but the pandemic has had an uneven impact across countries and within countries. Historically, social inequality has always been extreme in India. However, the lockdown has sharpened the edges of inequality even further, especially because of the way it has been implemented. Many countries have imposed lockdowns but not...
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