Synopsis – The Government drafted the rules for the Code on Social Security 2020 without considering growing informal workforce. Introduction: During the Budget, Finance Minister highlighted the implementation of the four labour codes. Budgetary Allocation for the MSME sector this year was Rs.15700 Crores. This is more than double the amount allotted last year. This… Continue reading Issues in the draft rules for the Code on Social Security 2020
Tag: ECO_8
TIFAC launches SAKSHAM Portal and Seaweed Mission
What is the news? Technology Information, Forecasting and Assessment Council (TIFAC) celebrated its 34th Foundation Day. The theme of the Foundation day was: “Technology, Innovation and Economy for Atma Nirbhar Bharat”. About TIFAC: It is an autonomous technology think tank under the Department of Science & Technology (DST), Ministry of Science and Technology. It was… Continue reading TIFAC launches SAKSHAM Portal and Seaweed Mission
New Farm Laws and Labour Codes is the way forward
Source: The Indian Express Syllabus: GS-3 Issues related to direct and indirect farm subsidies and Issues related to direct and indirect farm subsidies Synopsis: The agriculture and labour reforms passed recently creates a condition for productivity and enhance growth. This benefits millions of small farmers and unorganised workers. Farm Laws and the changes it brings: … Continue reading New Farm Laws and Labour Codes is the way forward
Budget proposes tax on EPF interest
What is the News? The government has proposed to make the interest earned on EPF contributions beyond ₹2.5 lakh Taxable. Why has this proposal been made? The government has found instances where High Net Worth Individuals(HNIs) are contributing huge amounts to EPF. They are getting the benefit of tax exemption at all stages — contribution,… Continue reading Budget proposes tax on EPF interest
Evaluation of Budget 2021
Source: The Hindu Gs2: Parliament and State Legislatures- Budgeting Synopsis: The evaluation of Budget 2021 is done on three parameters. First, on the credibility of the Budget. Second, it’s potential to deliver adequate domestic output and jobs. Third, on how the Budget raises resources. What is the Credibility of the Budget 2021? Budget 2021 scores… Continue reading Evaluation of Budget 2021
Impacts of devaluing domestic work
Source: Indian Express GS-2:Government Policies and Interventions for Development in various sectors and issues arising out of their Design and Implementation Synopsis: There is a negative impact of devaluing the household care activities of women, on society. Background The following incidents have brought the issue of valuation of Women’s household activities. Recently, Kamal Hassan the… Continue reading Impacts of devaluing domestic work
Trends in Housework valuation
Synopsis: The work women perform for the family should be given due recognition and valued at par with a men’s work. Introduction Kamal Haasan’s Makkal Needhi Maiam party recently promised salaries for housewives as a part of the party’s election manifesto, has invigorated the discussion on the acknowledgment of domestic work as work. Read more – Wages for housework: An Analysis… Continue reading Trends in Housework valuation
Wages for housework: An Analysis
Recently, Kamal Haasan’s political party, Makkal Needhi Maiam, proposed a due recognition to homemakers. The Political party included payment for homemaker’s domestic work as a part of their election manifesto. The proposal reopened the academic debate of Paying women for their domestic and care work. Payment to domestic care work was first demanded by the Third National Women’s Liberation Conference, in England in 1972. … Continue reading Wages for housework: An Analysis
Formalising the work of community workers
Synopsis: Government should strive to formalise the work of community workers such as Anganwadi, ASHA and National Health Mission workers to make them accessible for various social security benefits such as safety, insurance, risk allowance and fixed wages etc. Background In India, there are about a lakh ASHA worker, 1.3 million Anganwadi workers and another 1.2 million Anganwadi helpers. (Community workers) At present, community… Continue reading Formalising the work of community workers
Paying women for domestic and care work
Synopsis: Paying women for domestic and care work will not reduce or redistribute their burden. It will only lead to mere recognition of their efforts. Background Women bear a disproportionately high burden of unpaid domestic work and care work in India. According to the all-India Time Use Survey (2019) data, females bear more than 83% of the burden of domestic and care… Continue reading Paying women for domestic and care work
