The 21-day coronavirus lockdown in force since Wednesday has triggered a mass exodus of migrant workers across the country since the last few days.
The country's unemployment rate in July fell to 6.80 per cent, the lowest level in the last six months, amid rising agriculture activities during monsoon, according to Centre for Monitoring Indian Economy (CMIE) data. The unemployment rate dropped to 6.80 per cent in July from 7.80 per cent in June, the CMIE data said. Rural unemployment declined 6.14 per cent to 272.1 million last month from 265.2 million or 8.03 per cent in June, it said.
RBI Governor has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
5G ambulances will not just allow remote consultation, but would also be able to transit data and video to hospitals in real time, saving precious time for critical patients. 5G technology would also support the development of new educational applications, improve agriculture productivity, and aid search and rescue missions with high resolution cameras in disaster recovery zones.
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
Labour seems to have found employment as maids, cooks, gardeners, security guards and the like -- a transition that could be described as from farms to the kitchen sink, instead of farms to factories, observes Mahesh Vyas.
'The BJP is trying to change this mantra.'
Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.
In May, Satpal Singh, who runs a dairy business with three buffaloes in Jewar, near Noida, was worried about the steep spike in input costs. Singh said dry fodder rates, which cost Rs 1,500-2000 per tractor trolley last year, were quoting at Rs 4,500-5,000. The price of other cattle feed ingredients (that include mustard meal and similar mixes) had also gone up from Rs 2,000 per quintal to Rs 3,100-3,200 per quintal.
Women's share of work in these industries is over 50 per cent, yet they are paid much less than their male counterparts.
'It is building the country's infrastructure, and delivering it very efficiently.'
Congress president Sonia Gandhi on Friday said after almost 12 months of Gandhian agitation, the repeal of three farm laws is a 'victory of the will of 62 crore farmers and sacrifices of more than 700 farmers who laid their lives for this struggle,' and hoped that the Bharatiya Janata Party government would have drawn some lessons for future.
The Bharatiya Janata Party's unit in Madhya Pradesh on Saturday announced a slew of measures for the poor and the youth as it unveiled its manifesto for the November 25 assembly elections.
'Rahul Gandhi accuses the Modi government of being in thrall to corporate fat cats at the expense of farmers and other common folk. But the facts do not bear out this argument, as Indian farmers are relatively better off compared to the really wretched of the earth, the unfortunate landless, often itinerant, labourer. And since Rahul's ancestors are the ones who failed them, it is a little disingenuous of him to ignore them in his rhetorical flourishes,' says Rajeev Srinivasan.
Vodafone's Kisan Mitra will provide a spectrum of services for India's small farmers, simple mobile service interventions that can increase a farmer's income by Rs 8,000 per year.
'Nehru wanted to strengthen industries by exploiting agriculture and that policy was continued by successive governments.'
'The entire electorate of Wayanad is joyful. Rahulji is with us and we are with him wherever he is.'
Tudu's free tuition classes are sought after. She has 45 students who come to her every day to study. Geetanjali Krishna meets the young teacher in one of India's poorest villages, winner of the Plan India Youth Champion Award.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
The interim free trade agreement between India and Australia will come into force on Thursday, providing duty-free access to thousands of domestic goods such as textiles, and leather in the Australian market. The agreement will help almost double the bilateral commerce to $45-50 billion in around five years, according to exporters and industry players. The Economic Cooperation and Trade Agreement (ECTA), which was signed on April 2, would provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery in the Australian market.
Two US lawmakers have introduced a bill in the House of Representatives that aims at granting an automatic right to H-4 visa holders to work in the country, a move which will benefit the spouses of thousands of foreigners, including Indians, and also address the labour shortage affecting American businesses. H-4 visas are issued to dependent spouses and children who accompany H-1B, H-2A, H-2B, and H-3 visa holders to the United States. Many H-4 visa holders are highly skilled people in their own right and previously had careers of their own or worked to support their families.
BRS spokesperson Sravan Dasoju, speaking to PTI, expressed confidence KCR would win from both the constituencies with a thumping majority.
That garden stone, handmade carpet or embroidered T-shirt you just bought was probably made by child labor.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
Haryana Bharatiya Janata Party leader Birender Singh on Monday threatened to quit the party if does not sever ties with the Jannayak Janta Party, which he accused of indulging in rampant corruption in the state.
The Rashtriya Janata Dal national executive meeting on Sunday witnessed a ruckus as RJD supremo Lalu Prasad Yadav's elder son and Bihar cabinet minister Tej Pratap Yadav came out of the meeting fuming and called the party's national general secretary Shyam Rajak an agent of Rashtriya Swayamsevak Sangh.
The government must realise that it has very little time to recover itself, its reputation, its legacy - and India's fortunes,says Mihir S Sharma.
'The pipeline of new industrial projects is the best I've seen in the last 10 years, and it looks solid enough to sustain for at least a few quarters,' points out Naushad Forbes, adding, 'It is only when we get back to the same labour force participation we saw before Covid that the economy will have truly recovered.'
'The Kerala saga also requires a reappraisal of Nehru himself. 'The real Nehru is to be found somewhere between the syrupy panegyrics on him and the demonisation of him that is currently happening,' says Ambassador MK Bhadrakumar.
'MGNREGA is definitely like a lifeline and is the employer of the last resort'
Unless Punjab has a chief minister who is able to look beyond community/vote bank politics, carry all sections of society, stop appeasing while addressing genuine concerns and break the stranglehold of the SGPC over Sikh affairs, my beloved home state is bound to die and conversions will be rampant, warns Sanjeev Nayaar.
Be it loan waiver or DBT transfer, it only helps in creating a "feel good" factor and postpones the problem for some time if structural problems are not handled.
Of these 8.5 million additional people employed in September, 6.5 million were in rural India, reveals Mahesh Vyas.
India and Australia would now implement the free trade agreement on a mutually agreed date as the Australian Parliament on Tuesday approved the pact between the two countries. "BREAKING: Our Free Trade Agreement with India has passed through parliament," Australian Prime Minister Anthony Albanese said in a tweet. The India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needed ratification by the Australian parliament before its implementation.
These include home, industrial development (mining), justice, labour, excise, environment conservation and climate change, disaster management and rehabilitation and civil aviation.
Economist Abhijit Sen, a former Planning Commission member and one of the country's foremost experts on rural economy, died on Monday night. He was 72.
The Centre's retreat from the farm laws is likely to have a significant bearing on the fate of laws that the Centre has made, for instance, in labour and electricity, predicts A K Bhattacharya.
Hosabale blamed the "faulty' economic policies of the earlier governments for the "ills" in the economy.
With the Covid-19 pandemic showing signs of ebbing and economic activity picking up, factory owners in Jalandhar had hoped that the worst was over. However, the heat wave in April and extensive power cuts that came with it, have crushed their hopes. The city's large number of micro, medium and small enterprises (MSMEs) are now gearing up for yet another struggle, this time to survive with the shortage of power that is severely impacting their operations.
