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ESIC may cover gig economy workers as part of new Social Security Code Bill -Somesh Jha

-Business Standard The government has made an enabling provision in the code to provide insurance cover, under the ESI schemes, to gig, platform and plantation workers Workers employed in the gig economy may soon be eligible for insurance benefits provided by the state-run Employees’ State Insurance Corporation (ESIC). The move is a part of the Social Security Code Bill, 2019 approved by the Union Cabinet on Wednesday. The Code has also proposed...

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What can be done to address the demand drought in our economy? -Suresh Seshadri

-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under...

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Can the spirit of California's gig economy bill spread to India? -Gayatri Nair

-TheWire.in For right and wrong reasons, the current dispensation celebrates the creation of any form of employment in India, regardless of quality. The state of California recently passed a landmark bill that has the potential to unleash a systemic change in the gig economy. On the back of a recent judgement by the California Supreme Court, Assembly Bill 5 has legislated that workers in the gig economy be classified as workers and...

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Linking farmers to futures market in India -Tirtha Chatterjee, Raghav Raghunathan and Ashok Gulati

-Indian Council for Research on International Economic Relations (ICRIER), Working Paper 383 Farmers, especially small and marginal, do not directly trade in agri-futures market in India. Their small size, lack of trust and understanding of futures market and dependence on middlemen, are some of the main deterrents. The role of Farmer Producer Organizations (FPOs) is crucial in this context since they can procure commodities, aggregate them and ensure that size and...

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In Muzaffarpur, AES is a grim reaper that stalks poor children -Ayush Tiwari

-Newslaundry.com Affected families have much in common: low social status, low income, poor access to healthcare, and the non-existent reach of government schemes The countryside in Bihar’s north-western region of Tirhut is in full bloom at this time of the year. One is constantly in the vicinity of mango trees and litchi orchards and a good portion of agricultural land seems fallow. The sun is excessively punishing but it does little to...

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