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Representative image (REUTERS/Amit Dave) According to the International Labour Organisation’s (ILO) Global Wage Report 2020 published earlier in December, formal sector workers in India witnessed a 3.6 percent fall in wages whereas the workers from the informal sector suffered a 22.6 percent wages cut. “Early data from national statistical offices show that around two thirds of countries for which short-term statistics are available showed decreasing wages or slower average wage growth,” it said. “Considering that the lockdown in India continued for 3-4 months, the wage cut figures by ILO seems like a gross underestimation. The fall in wages cuts for both the formal sector at only 3.6 percent and for informal workers at 22.6 percent would have been much severe. The ILO number’s do not capture even the tip of the iceberg,” K R Shyam Sundar, Professor - HRM, XLRI, Xavier School of Management, said. “India underwent a 24 percent fall in GDP growth in the first quarter and … [Read more...] about Explained: Why Code on Wages 2019 may not ensure arresting decline in wages

A view of LG Chem's chemical plant in Visakhapatnam, India. [SCREEN CAPTURE] Hundreds were rushed to hospitals and several people were killed Thursday after toxic gas leaked from an LG Chem factory in India that was reopening after weeks of being locked down. Indian media outlets reported that the gas leak at a chemical plant in Visakhapatnam in India's eastern Andhra Pradesh state killed at least nine people and resulted in hundreds of casualties in nearby villages. It is run by LG Polymers, a subsidiary of LG Chem. According to reports, local residents experienced eye irritation and difficulty in breathing. It was also reported that almost 5,000 people fell sick from the gas leak. Visakhapatnam has a population of more than 3 million. It was reported that poisonous styrene gas, widely used to make plastics and rubber, was leaked in the incident. LG Chem said in a statement the leaked gas can cause nausea and dizziness when inhaled, adding that the company is investigating … [Read more...] about Gas leak at LG Chem plant in India kills at least nine

They believe that the scheme would end up depriving the recruited personnel of various monetary benefits such as a pension, etc. Further, only 25 per cent of the recruits will have a future in the Armed forces after the four-year period. (Image: AP) The Ministry of Home Affairs (MHA) will reserve 10 percent vacancies for recruitment in the CAPFs and Assam Rifles for ‘Agniveers’, the office of home minister Amit Shah tweeted on June 18. Further, the MHA will also provide three years age relaxation beyond the prescribed upper age limit to Agniveers for recruitment in CAPFs and Assam Rifles, the ministry tweet said. The MHA also decides to give 3 years age relaxation beyond the prescribed upper age limit to Agniveers for recruitment in CAPFs & Assam Rifles. Further, for the first batch of Agniveer, the age relaxation will be for 5 years beyond the prescribed upper age limit. — गृहमंत्री कार्यालय, HMO India (@HMOIndia) June 18, 2022 It added that for the first … [Read more...] about After raising age limit, home ministry keeps 10% quota for Agniveers in CAPF, Assam Rifles