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Topic: Formal and informal sector

Another day of wait outside a branch of Aryavart Bank, a regional rural bank, in Piswan

Economists must stop looking at rural India as just labour supply tool post Covid: Yunus

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.
Yogi Adityanath

Don’t let your dislike of Yogi Adityanath get in the way. Labour reform is a good idea

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.
Representational image | Max Pixel

To get more women in labour force, India must stop pushing industrial areas to city limits

It is essential for cities to recognise that urban neighbourhoods are not just residential areas, and develop amenities for both work and living.
A giant cut-out of Prime Minister Narendra Modi installed at Ashok Road | Ravi Choudhary/ Getty Images

Pick-up in quarterly sales reflect an upswing in Indian economy as GST regime stabilises

There is finally evidence of formalisation of the economy as the GST regime stabilises & has a big positive effect on the business cycle.
Call Centre operators in New Dehli, India

Does the data show India is creating jobs or not?

The pessimist will argue that demonetisation and GST have caused waves of layoffs in the informal sector, but there are arguments by the optimistic, that complex structure of tax has created jobs in formal sector. 

On Camera

People waiting to enter a supermarket have their identity documents checked by staff in Singapore (Representational image) | Photo: Roslan Rahman | Getty Images/AFP via Bloomberg

Don’t ignore the good news on Covid-19 from Asia

The perception of an Asian advantage often falls prey to essentialist thinking — that somehow the East's values, politics and culture is letting it do things the West can't.
An Airbus Group SE A320neo passenger jet operated by IndiGo

IndiGo to trim fleet size over 2 years as Covid pandemic rages on

IndiGo CEO Ronojoy Dutta said the airline hasn’t engaged in any 'major renegotiation' with Airbus SE on new deliveries, but it will keep returning as many as 40 older planes a year.

Defence

An army convoy moving towards the Zojilla pass in Drass (representational image) | ANI

These are the measures China has proposed to ease tensions at LAC in Ladakh

Over a series of meetings, China has made several suggestions to de-escalate tensions at the border, but India has rejected them since they boost Beijing's strategic position.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.