Coronavirus would reset distances, labour market: Experts
The sudden displacement of migrant labour would have far-reaching impact on the Indian economy.
Labour Ministry allows EPF withdrawal amid lockdown
The decision is taken in view of lockdown across the country to fight COVID-19. The COVID...
Do India's Labour Code tweaks amount to reform by stealth?
Labour laws codifications has given flexibility to the govt to notify changes in l...
View: Stall the mass movement of migrant workers now
The NSSO and other independent studies indicate that the percentage of causal and self-employed workers in urban areas is over 60% of the workforce. These sections have had the immediate loss of earnings due to the Covid-19-related lockdown measures. The numbers are likely to rise, unless governments take immediate decisive steps.
COVID-19 Impact: Maharashtra govt plans to grant funds for labourers
Builders in Maharashtra have already stopped construction work since Sunday in the backdrop of a state wide lockdown directive by the government. An initial tranche of Rs 20 crore will be released for grocery and daily maintenance allowance of these workers. Currently, there are 1 million homes being constructed across Mumbai Metropolitan Region (MMR).
View: The diminishing importance of cheap labour makes five reforms India’s need of the hour
The need is for bold and quick action, because this status quo is not only unsustainable but also wrong.
Trade unions seek labour minister's intervention to stop retrenchment of workers, salary cuts
“Advisory by the government, both the labour ministry and home ministry, is not at all working at ground level to prevent loss of employment and earnings and also eviction from local residence in the process of lock down,” the unions said in a joint statement.
Indian Society of Labour Economics urges govt to give cash transfers, free ration to informal worker household
According to the Indian Society of Labour Economics, assuming that about 20 crore households will require cash assistance, the total quantum of assistance will be about Rs 3,60,000 crores over three months. It has also sought wage compensation to support unorganized sector and the medium and small scale enterprises to tide over the unprecedented crisis.
View: For the return of the native, en masse
If the migrants do not return, both they and the economic activity they have deserted would be worse off in the short run. In the medium term, more intense mechanisation and higher wages that redeploy local manpower might take care of the missing workers. Right now, we have to worry about the near term. The workers have to be persuaded to come back.
View: Coronavirus outbreak an opportunity for Modi government to enact bold reforms
India can, and should, exploit this crisis to bring about significant change in its near-term economic policies.
For dearness allowance revision, govt looks at alternatives in absence of data
Since field officers are not able to conduct the survey, the government may go for repetition, substitution or estimation to cover up the missing data when it computes the index for determining the daily allowance for government employees, a senior government official told.
Industry chiefs seek faster approvals, labour reforms in meeting with CM
The meeting, a first after Shiv Sena chief Uddhav Thackeray became the Chief Minister of the state, saw industrialists like Mukesh Ambani, Ratan Tata, Adi Godrej, Anand Mahindra, bankers such as Deepak Parekh and Uday Kotak speaking on the steps required to give a boost to state’s growth.
With four labour codes, 2020 to be a 'year of reforms': Santosh Gangwar
Entering 2020, the government hopes that India would be able to implement all four codes on wages, industrial relations, social security and occupational safety, health and working conditions. These are expected to improve ease of doing business and safeguard interest of workers.
‘Farm and Labour Policy Changes Needed for More Equitable Growth’
Even high prices do not benefit farmers as a tiny portion of the price gains reach them
View: Labour laws are not the only villain hampering growth as they are made out to be
It’s perhaps time to challenge a popular narrative that labour laws pull down growth and businesses.
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