Informal Sector

Showing of 1 - 20 from 21 results
Informal Sector - Total results - 21
Economic fallout of COVID-19 to push at least 150-175 mn people into extreme poverty, says UN expert
India

Economic fallout of COVID-19 to push at least 150-175 mn people into extreme poverty, says UN expert

Special Rapporteur Olivier De Schutter said most of those who will fall into extreme poverty will be workers in the informal sector or in precarious employment conditions, especially women

COVID-19 lockdown paves the way to provide social security to domestic workers in urban India, rethink employee-employer relationship
India

COVID-19 lockdown paves the way to provide social security to domestic workers in urban India, rethink employee-employer relationship

While the COVID-19 lockdown is the best time for the employers to rethink the adequacy of wages for domestic workers, it provides an opportunity for workers to switch to online transactions with employers

Where do we go from here? India should consider self registration, inter-state welfare schemes for migrant workers' social security
India

Where do we go from here? India should consider self registration, inter-state welfare schemes for migrant workers' social security

The ongoing migrant workers crisis has amplified the need for a universal and comprehensive social security regime for all workers in the informal sector

Coronavirus Outbreak: Over 1.25 bn jobs at stake; Asia-Pacific region to see greatest loss in work hours, says ILO
Business

Coronavirus Outbreak: Over 1.25 bn jobs at stake; Asia-Pacific region to see greatest loss in work hours, says ILO

Over 1.25 billion workers are seeing their livelihoods threatened by the COVID-19 pandemic, the United Nations said on Tuesday, warning it was the "worst global crisis" since World War II.

Indian women’s unpaid work amounts to 43 times Apple’s turnover; females hardest hit by rising economic inequality: Report
Business

Indian women’s unpaid work amounts to 43 times Apple’s turnover; females hardest hit by rising economic inequality: Report

The paid work women do bring them less earnings as compared to men due to the existing wage gap and therefore households that rely primarily on female earners tend to be poorer.

CMIE data shows 11 mn jobs lost in 2018: Labour reforms need of the hour, but no political party is serious about it
Business

CMIE data shows 11 mn jobs lost in 2018: Labour reforms need of the hour, but no political party is serious about it

According to a report by the Centre for Monitoring Indian Economy (CMIE), job losses, and the number of unemployed people in the country have been steadily rising

Arvind Subramanian's comment on demonetisation: Why do economists keep mum on critical issues till they retire?
Business

Arvind Subramanian's comment on demonetisation: Why do economists keep mum on critical issues till they retire?

There was hardly any instance, Subramanian criticised the demonetisation in such strong language at any point of time when he was the CEA.

Financial challenges, social barriers make breastfeeding tough for women engaged in India’s informal economy
India

Financial challenges, social barriers make breastfeeding tough for women engaged in India’s informal economy

When bringing a child to work is not an option, mothers have to make alternative arrangements to balance work and care.

India’s missing employment data: We aren’t better off as a nation living in the dark about job scenario
Business

India’s missing employment data: We aren’t better off as a nation living in the dark about job scenario

The last time the labour bureau released job data, it showed unemployment in the country rose to a five-year high of 5 percent in 2015-16.

Manmohan Singh says demonetisation and GST 'broke the back of businesses', 'cost the nation hugely'
Business

Manmohan Singh says demonetisation and GST 'broke the back of businesses', 'cost the nation hugely'

Manmohan Singh said it was early to conclude that economic slowdown reversed as 6.3 percent growth rate did not take into account small and medium sectors

Narendra Modi govt is overdoing its war on black money; it’s high time focus shifts to jobs creation
Business

Narendra Modi govt is overdoing its war on black money; it’s high time focus shifts to jobs creation

Regardless of how the government couches the dismal jobs scenario, black money crackdowns haven’t helped

GST launch: New tax regime isn’t perfect; but by disowning it, Congress is forgetting fair rules of the game
Business

GST launch: New tax regime isn’t perfect; but by disowning it, Congress is forgetting fair rules of the game

GST in the current format isn’t an ideal one, but it is good enough to begin with even with the imperfections

GST from 1 July: For small traders and unorganised players, the shift remains a challenge
Business

GST from 1 July: For small traders and unorganised players, the shift remains a challenge

Informal or unorganised sector accounts for nearly 50 percent of India’s gross domestic product and is responsible for more than 80 percent of total job creation in the country

Demonetisation may impact growth in Q4, remonetisation to take 2-3 months: Viral Acharya
Business

Demonetisation may impact growth in Q4, remonetisation to take 2-3 months: Viral Acharya

Ultimately, the cash shortage is like the liquidity shock and unless it had led to a substantial wealth destruction one would expect its effects to be quite temporary, said RBI deputy Viral Acharya

Cracking the GDP puzzle: How data revisions helped the govt show a better number
Business

Cracking the GDP puzzle: How data revisions helped the govt show a better number

Doubts surrounding India's GDP number just refuse to die down. With every new GDP number there is a chain of suspicions and denials

GDP data without demonetisation impact on informal sector lacks credibility
Business

GDP data without demonetisation impact on informal sector lacks credibility

The GDP numbers capture economic activity in the formal sector, which constitutes just 10-15 percent of the economy while the informal sector accounts for an estimated 45-50 percent

Note ban: Fitch lowers India's FY17 GDP growth to 6.9% citing temporary disruptions
Business

Note ban: Fitch lowers India's FY17 GDP growth to 6.9% citing temporary disruptions

The US-based ratings agency also revised GDP growth forecast for 2017-18 and 2018-19 lower to 7.7 percent from 8 percent earlier

Note ban: Cash economy dependent rural economy in deep stress as informal lending breaks down
Politics

Note ban: Cash economy dependent rural economy in deep stress as informal lending breaks down

Some farmers and small businesses say the country's informal credit system has ground to a virtual halt, despite government measures to steer more funds to them, including Rs 23,000 crore in crop loans

Demonetisation will hit agriculture, informal sector workers the most: Study
India

Demonetisation will hit agriculture, informal sector workers the most: Study

The demonetisation of Rs 500 and Rs 1,000 notes will hurt agriculture, informal sector workers — about 482 million people who earn cash incomes — and disrupt India’s consumption patterns for at least the next quarter.