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.
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.
The US could have used its coercive resources to compel Pakistan to shut down the Taliban’s transborder sanctuaries. It chose not to—costing its victory.
The government will permit purchases of 2 million tons each of the two vegetable oils per annum this fiscal year and the next, according to a notification by the finance ministry.
Indo-Pacific Partnership for Maritime Domain Awareness will use advanced & integrated satellite imagery & technology to combat illegal fishing & 'dubious operations' of Chinese maritime militia.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.