The latest govt survey of the non-agricultural informal sector shows it shrank between 2015-16 and 2021-22, following which it has been growing both in terms of establishments and workers.
India Ratings & Research's report, based on govt data, also points to the deteriorating quality of jobs in the country, including more self-employed and informal workers.
The analysis of two official databases shows that the formal manufacturing sector barely added any jobs since 2015-16, while the informal portion saw job losses.
Manish Sabharwal blames regulatory hurdles, lack of human capital development, and failure to transition from farm to non-farm sectors for India’s slower economic growth compared to China.
Critics analysing World Bank report to claim continuance of patriarchal oppression and structural barriers fail to acknowledge a critical aspect about women's economic participation in India.
Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term.
Researchers looked at 2004-05 NSS data and 2017-18 labour force survey to find men in 20-29 age group in states like Bihar and Jharkhand either take an informal job or remain unemployed.
Now is a good time to integrate the most crucial feature missing in the Indian micro-finance system — running it as a social business, writes Nobel Peace Prize winner Muhammad Yunus.
A rational labour framework will lead to a larger number of Indian workers enjoying basic protections. Much depends on what the new labour landscape in UP and MP looks like.
Racism is a problem for privileged mainlanders only when it's meted out to them abroad. In their own backyard, it's normalised as 'I was just kidding. Chill yaar'.
The 7 February incident involving Tejas aircraft caused severe damage to its frame. IAF and HAL are working together as part of the Board of Inquiry (BoI) to probe the incident.
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