Page 3 - Shiva Rajora

Anatomy of trade union: Collective bargaining, realising workers' strength

Since India is a member of the International Labour Organisation (ILO), it has to provide representation to the workers in various forums that involve tripartite discussions

Nearly 50% of construction workers' welfare cess funds unutilised

As on March 31, only Rs 64,193 crore was spent on workers' welfare, while Rs 47,800 crore remained unutilised

Economic think-tank NIPFP cuts India's FY25 GDP growth forecast to 6.9-7.1%

Cuts it to 6.9-7.1% from 7.1-7.4% estimated earlier in its April study

Germany raises visa quota for skilled Indians by 4.5 times to 90K

Scholz pushes early EU FTA; Modi says right time to join India growth story

Centre, states likely to review labour code rollout at December meet

Last year, a study released by a government agency - V V Giri National Labour Institute- had said that the rules framed by various states and UTs under the new labour codes have "too much" divergence

HSBC flash India composite PMI rises to 58.6 in Oct; job creation improves

Index has been above the 50-level separating growth from contraction for 39 consecutive months

IMF retains India's GDP growth forecast at 7% for FY25, 6.5% for FY26

For India, the October outlook projects a headline inflation figure of 4.4 per cent for FY25 and 4.1 per cent for FY26

'E-Shram: One Stop Solution' launched for welfare of unorganised workers

The One Stop Solution entails consolidating and integrating data from various central ministries/departments into a single repository

Labour unions in India: Adapting to new challenges amid global changes

India's labour unions are at a crossroads in the age of IT and gig work. They are adapting to new-age sectors' demands but penetration has been limited

Fresh formal hirings fell to a four month low in August, shows EPFO data

EPFO data also showed that share in the 18-25 age group also declined slightly

India, Germany to ink pact on labour mobility, skill recognition next week

Pact will help the Indian workforce to move into non-traditional sectors like teaching, nursing and manufacturing

Govt working on welfare and social security benefits for gig workers

A new version of the E-shram portal (E-shram 2.0) will also be launched in the coming week, which will ensure the onboarding of platform workers onto the portal, said Mandaviya

129 mn Indians living in extreme poverty in 2024: World Bank report

Earlier, the World Bank had said that extreme poverty in India declined by 38 million in 2021 to 167.49 million, following a surge in the two preceding years

Retail inflation rises to 5.49%, highest in CY24; WPI inflation up as well

Higher food prices, fading base effect behind surge

Sharp spike in food prices bumps WPI inflation to 1.84% in September

Food price inflation surged to 11.53 per cent during the month compared to 3.11 per cent in August, data released by the Ministry of Commerce and Industry on Monday showed

Food products and textiles top manufacturing employers, says survey

Data shows that the total number of operational factories in the organised manufacturing sector increased to 253,334 in FY23 from 249,987 in the financial year 2021-2022 (FY22)

Industrial output shrinks in August, a first in 22 months: Govt data

Experts attribute the fall to more than usual rainfall, demand slowdown

Less than 33% of youth can search Net, transact online: NSO survey

The share of the ones performing these tasks stood lower than the national average in as many as 16 states and Union Territories (UTs)

How MoSPI is tackling methodological concerns via GDP base year revision

MoSPI's move to revise the GDP base year aims to improve accuracy, address past controversies, and align with updated economic realities, while consulting experts on new datasets and methodologies

Better access to water, sanitation but only 63% use clean fuel: Mospi

Goa (99.2%) has the highest share of households with access to clean cooking fuel