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India Today

India Today May 25, 2020

India Today is the leading news magazine and most widely read publication in India. The magazine’s leadership is unquestioned, so much so that India Today is what Indian journalism is judged by, for its integrity and ability to bring unbiased and incisive perspective to arguably the most dynamic, yet perplexing, region in the world. Breaking news and shaping opinion, it is now a household name and the flagship brand of India’s leading multidimensional media group. Additionally, the weekly brings with it a range supplements like Women, Home, Aspire, Spice and Simply which focus on style, health, education, fashion, etc. and Indian cities.

Land:
India
Sprache:
English
Verlag:
Living Media India Limited
Erscheinungsweise:
Weekly
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5 Min.
from the editor-in-chief

After 48 days of lockdown, Prime Minister Narendra Modi announced a much-awaited stimulus package on May 12. As part of it, he offered an economic stimulus of Rs 20 lakh crore ($266 billion), or 10 per cent of India’s GDP, among the highest in the world. It is in keeping with the revival packages announced by major economies—the $2.2 trillion dollar lifeline by the US, which is 13 per cent of its economy, or Japan’s $1 trillion, which is 21 per cent of its economy. However, India’s package included the Rs 1.7 lakh crore stimulus announced by finance minister Nirmala Sitharaman on March 26 and the Rs 7.9 lakh crore stimuli administered by the RBI between February and April. Prime Minister Modi laid out his vision for an ‘Atmanirbhar Bharat’ or…

6 Min.
the future of labour

In his televised address to the nation on May 12, Prime Minister Narendra Modi looked past arguably more pressing questions to focus our attention on the broad-sweep reforms he had in mind to reshape the Indian economy. A key area of reform, he told us, was labour. India’s labour laws have often been seen as a big impediment to economic progress. An attempt was made last year to recodify them, but it’s a work in progress and still mainly restricted to central laws. Meanwhile, in an apparent attempt to resuscitate economic activity, and even in the face of a flight of labour from the country’s big industrial centres, several states have announced their own industry-friendly tweaks to labour laws. The desperation among the state governments is evident. The COVID-19 pandemic has…

1 Min.
the legal maze...

Around 45 central laws and nearly 200 state laws regulate the working conditions of labour in India In 2019, the Narendra Modi government streamlined 44 labour laws into a set of four codes, as part of labour law reforms. While the Code on Wages Bill has been legislated, the other three—Code on Occupational Safety, Health and Working Conditions; Code on Industrial Relations; and the Code on Social Security—are pending before a standing committee in the Lok Sabha These laws are, however, applicable to workers in India’s formal sector. Close to 81 per cent of all employed persons are in the informal sector, 18 per cent are in the formal sector and 0.8 per cent in the household sector…

1 Min.
...and recent amendments

UTTAR PRADESH: Industry has been exempted from all labour laws, except the Building and Other Construction Workers’ Act of 1996, Workmen’s Compensation Act of 1923, Bonded Labour System (Abolition) Act of 1976 and a section of the Payment of Wages Act of 1936 RAJASTHAN: Amended the Industrial Disputes (Rajasthan Amendment) Act, 2014, to raise the threshold for layoffs and retrenchment to units with 300 workers, from 100 earlier MADHYA PRADESH: Establishments with up to 100 workers can now hire as per need. New manufacturing units have been exempted for the next 1,000 days from all but some provisions of the Factories Act of 1948. Factory licences will be issued within 24 hours and renewals will be given for a decade instead of one year. Small and medium enterprises (SMEs) can be inspected…

1 Min.
good samaritan

External affairs minister S. Jaishankar recently won the gratitude of a family from Kerala in the UAE. The couple were struggling to get tickets to fly back home to perform the last rites of their four-year-old boy who had died of leukaemia. All the Vande Bharat flights to Kerala were full but the foreign minister responded immediately to a message from an Assam-based doctor and friend of the family. The Indian consulate in the UAE not only booked the family on a flight to Kochi but also paid for their tickets.…

1 Min.
liquor brawl

Punjab chief minister Capt. Amarinder Singh had to ask chief secretary Karan Avtar Singh to sit out the May 11 cabinet meeting after three key ministers—Manpreet Badal, Charanjit Singh Channi and Tript Rajinder Singh Bajwasaid they wouldn’t attend if he was present. The three had a run-in with Avtar Singh last week over the state’s “faulty excise policy”. Allegations were also made about Avtar Singh’s son having interests in the liquor business. An unheard-of fallout: Punjab’s liquor vends are closed again till the issue is resolved.…