-Livemint.com Despite claims of an economic recovery, rural wage growth of non-agricultural labourers continued to be in negative territory for the fourth month in a row Data released by the Central Statistics Office last month suggested a recovery in economic growth during the fourth quarter of 2017-18, with the economy expanding by 7.7% compared to that in the first quarter, when growth was at its lowest at 5.7%. This has given some...
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Centre allows pulses import despite overflowing godowns -PRIscilla Jebaraj
-The Hindu Farmers have been staging protests as domestic PRIces are falling on the back of a glut last year and an expected good harvest following a good monsoon New Delhi: The Union government has allotted quotas for import of pulses and is enforcing an additional import agreement with Mozambique at a time when domestic stocks are at their highest, domestic production is expected to be high and PRIces are crashing. Farmers...
More »In a First, Kolkata Domestic Workers' Organisation Gets Trade Union Status
-TheWire.in Paschimbanga Griha Paricharika Samiti, a Kolkata-based workers' organisation was granted a trade union certificate from the state government. New Delhi: The exploitation and abuse of domestic workers has been prevalent in India for many years now. In addition to being overworked and underpaid, domestic workers are often ill-treated and in some cases, even physically attacked and sexually harassed. The efforts of Paschim Banga Griha Paricharika Samiti (PGPS-West Bengal Domestic Workers Society), a...
More »Acres of contention -Ram Singh
-The Hindu The judiciary doesn’t seem to fully appreciate the economic consequences of its judgments The number of legal disputes involving property, contract, labour, tax and corporate laws is bound to increase with an expanding economy. How they are adjudicated by courts not only has direct consequences for the disputants, but also shapes the behaviour of individuals and entities involved in production, commerce and banking. Judicial findings also influence decision-making of government...
More »Demonetisation failed to make India a 'less cash' society -Vivek Dehejia and Rupa Subramanya
-Livemint.com The ratio of currency in circulation as share of broad money is back at pre-demonetisation levels, according to Reserve Bank of India data On 8 November 2016, PRIme Minister Narendra Modi announced the “demonetisation” of high-value currency notes. When it became clear the ex ante goals of reducing corruption and black money were unlikely to succeed, attention shifted to a range of possible ex post facto rationales for the move. Numerous...
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