New Delhi | Lucknow: Uttar Pradesh, Madhya Pradesh and Rajasthan are finalising their online databases of migrant workers with details such as how skilled the workers are and how they can be best employed within the state. The move comes about two weeks after the states announced a series of changes to labour laws and did away with many labour-friendly laws. The migrant commission announced by the Uttar Pradesh government will map skills of workers who have returned to the state, providing data to employment exchanges while also providing workers social security measures like insurance. While skill mapping by the revenue department is already on in the state, the Workers (employment and livelihood) Welfare Commission will consolidate migrant management efforts of different departments into a single body that will include industrial and social experts. It may even become a regulatory body later, invested in a large way in taking care of the workers through social security measures … [Read more...] about 3 states finalising databases for benefit of migrant workers
Master plan real estate
The Uttar Pradesh government on Monday released its first skill map of migrant workers who returned to the State during the lockdown. The government has said it will provide them jobs in the State as per their skills and experience and will constitute a Migrant Commission for it. So far, around 23-24 lakh migrant workers have returned to Uttar Pradesh during the lockdown, the government said. … [Read more...] about Uttar Pradesh releases skill map of migrant workers
Edited Excerpts: Q. How do you view the FM’s & RBI’s announcement?When we talk about the lockdown of this scale which has never been done before in our living memory, we’re talking about a 50% drop in the economic activity for two or three months. Our economy size is Rs 200 lakh crore as a ballpark number, a 50% drop in the economy for 2-3 months we’re talking about a loss of Rs 20 lakh crore GDP. That kind of shock is very difficult for business to take, so what we need is not necessarily a liquidity solution or a credit solution, what we need is a fiscal solution.The package FM announced does target the right areas like MSME, Agriculture, Farmers, Workers etc. in the form of liquidity cushion or credit cushion. It is very little in the form of a direct fiscal cushion where you put money in the hands of people or businesses to survive for the next 2-3 months.If you compare it with the response in Japan, Singapore, China, US & Europe, they have put money … [Read more...] about Max Life CIO underweight on financial sector explains why India needs direct fiscal intervention
We debate surrogacy in elite drawing rooms and talk of the dangers of commercializing it. But how many stop to consider a surrogate mother’s emotions when she parts with the child she has nurtured as her own for nine months? Author Amrita Mukherjee does that in "Diary of A Surrogate Mother" – one of the 13 short stories in her anthology Museum of Memories. Amrita’s stories are sensitive portrayals of the life she has seen as an Indian journalist. She picks her subjects carefully from all walks of life, covering an amazing range -- depicting everyday life and phenomena. And then again, her narration reveals a keenly sharp observation and an ability to look beyond what is visible. The author has a fascinating way of looking at same, everyday things from a different angle. As Amrita says in the book blurb, she collected her stories from all over – “at the office cafeteria, at drawing room conversations, during interactions with strangers while travelling on … [Read more...] about Micro review: ‘Museum of Memories’ – Stories that touch the heart!
Cancellation of the 2020 edition of the Indian Premier League (IPL) will not be good for the country's sports ecosystem, says JSW Sports CEO Mustafa Ghouse. Though there will be loss of revenue, franchises will not be “out of pocket”, he adds. JSW Sports, the sports vertical of the JSW Group, owns and operates franchises in three of India’s biggest leagues — IPL (Delhi Capitals), Indian Super League (Bengaluru FC) and Pro Kabaddi League (Haryana Steelers). While the football league, ISL, is in its off-season having concluded its 2019-20 season on March 14 — just a week before the entire country was put under lockdown — there is still no clarity over IPL and PKL. It’s being projected that the Board of Control for Cricket in India (BCCI) is set to lose around Rs 4,000 crore in revenue if the 2020 edition of the IPL is cancelled. In turn, it will affect the revenues of the eight franchises as BCCI distributes a part of its earning every season … [Read more...] about ‘There are no losses as such’ even if IPL is cancelled: Mustafa Ghouse, JSW Sports CEO