-Hindustan Times According to the Centre for Monitoring Indian Economy, the number of the employed fell from 399.38 million in July to 397.78 million in August, with nearly 1.3 million job losses in rural India alone. Over 1.5 million people from both the formal and informal sectors lost their jobs in August, reversing some of the gains made in July, as the unemployment rate rose in rural and urban India. According to the...
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Latest available PLFS data sheds light on unpaid helpers in self-employment & underemployment among various types of workers
Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...
More »PLFS data: What the numbers hide -Arup Mitra and Puneet Kumar Shrivastav
-The Hindu Business Line The sharp spike in labour participation rates in the latest survey is difficult to reconcile with earlier years’ data The third periodic labour force survey (PLFS) data for the year 2019-20 have been released recently. The biggest surprise is the increase in the labour force and work force participation rates compared to the last two rounds of annual averages. Please click here to read more. ...
More »The Global Minimum Corporate Tax: Not High Enough, Not Fair Enough -CP Chandrasekhar
-TheIndiaForum.in ‘While the global minimum tax proposal is a step forward, that step is disappointingly short of what is needed and possible.’ Following years of negotiations, most nations in the world now appear to be willing to align their corporate tax regimes to prevent multinationals from evading taxation in the jurisdictions in which they operate. They have now tentatively agreed on the need for a global minimum corporate tax rate and a...
More »Why Indian States Need to Incorporate Gender Budgeting in Their Fiscal Planning -Lekha Chakraborty
-TheWire.in Even in a state like Kerala, higher human development indices have not translated into equally solid gender outcomes. An interesting public policy question that has emerged over the last few years is why high human development indices are not translating into a better ‘gender status’ for Kerala. The Human Development Index (HDI) in Kerala (0.763) is the highest in India. The HDI is estimated as the geometric mean of three crucial aspects...
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