Representative image (Source: Reuters) The Women and Child Development Ministry took a slew of measures in 2021 like introducing a bill to raise the marriageable age of women to 21, tackling rising malnutrition during the pandemic and ensuring safety and rehabilitation of over one lakh children who lost either of their parents to Covid. Even though children remained less susceptible to COVID-19, about 1.32 lakh of them lost either of their parents and were at an increased risk of being exploited and trafficked, proving to be a major concern for the ministry. Over 9,800 children were orphaned, 508 abandoned and 1.32 lakh lost either of their parents from April 2020 to December 7 this year during the pandemic, the National Commission for Protection of Child Rights (NCPCR) said. Taking cognisance of the issue, the government earlier this year launched PM CARES for Children, a scheme that lends support to kids who were orphaned during the pandemic. NCPCR chairperson Priyank … [Read more...] about From Bill raising marriageable age of women to ensuring safety of Covid orphans, WCD had a busy 2021
Which business is affected by covid 19
Long COVID is still draining many workers. Here’s how it affects productivity
Since the very first cases of COVID-19 were identified, this new virus has largely confounded the scientific community. But perhaps even more mysterious are the wide-ranging symptoms that many who contracted the virus continue to experience long after the expected recovery period. This phenomenon is known as long COVID, or long-haul COVID. advertisement advertisement The severity of long COVID runs the gamut, with some people experiencing relatively minor but somewhat disruptive symptoms and others feeling completely incapacitated. Long-COVID symptoms can linger for a few weeks or months; some people have been living with them for more than two years now. Debilitating long-COVID symptoms occur in a small minority of cases, but they are devastatingly real for the individuals experiencing them. Despite emerging scientific and abundant anecdotal evidence, there are many people—even in the medical establishment—who remain skeptical of the potential … [Read more...] about Long COVID is still draining many workers. Here’s how it affects productivity
Mazda seeks to reduce dependence on Chinese supplies
A Mazda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland. REUTERS/Pierre Albouy/File photo TOKYO – Japan’s Mazda Motor Corp said on Friday it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China after COVID-19 lockdowns in Shanghai destabilized supply and hampered production. The request from the Hiroshima-based automaker underscores the vulnerability of sprawling supply chains that have been tested by the pandemic and geopolitical tensions, casting uncertainty over businesses. The Japanese automaker reported on Tuesday an operating loss of 19.5 billion yen ($144.4 million) for the first quarter of its financial year, due to disruptions resulting from the stringent COVID-19 counter-measures in China. Mazda said it brought chips and crucial auto parts to China to be assembled, but was unable to receive those parts from Shanghai during the city’s lockdown. Even if Mazda’s direct suppliers were … [Read more...] about Mazda seeks to reduce dependence on Chinese supplies
Peloton Interactive’s 2,800 Worker Layoff And The WARN Act
Share to Twitter Share to Linkedin Any time a company announces a major layoff, it’s big news. Peloton Interactive (Peloton) recently announced that it will be letting go roughly 2,800 of its worldwide positions. This layoff will include about 20% of Peloton’s corporate workforce. This type of story normally isn’t something employment lawyers take note of, unless the mass firing was somehow illegal . But how can a large layoff be illegal? One way is if it violates the WARN Act. As far as we know, Peloton’s 2,800 worker layoff is perfectly legal and does not violate the WARN Act. But we can still use this event to get a better understanding of the WARN Act and what it does for employees. What Is the WARN Act? The Worker Adjustment and Retraining Notification (WARN) Act is a federal law that places conditions on how certain employers can conduct mass firings. Basically, the WARN Act requires a covered employer to provide 60 days’ notice to … [Read more...] about Peloton Interactive’s 2,800 Worker Layoff And The WARN Act
Congress Vs. Inflation: The Legislative Tax Showdown
Share to Twitter Share to Linkedin Tax Notes reporter Benjamin Guggenheim discusses the latest tax legislation on Capitol Hill: the recently passed CHIPS and Science Act and the revived reconciliation bill known as the Inflation Reduction Act. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I'm David Stewart, editor in chief of Tax Notes Today International . This week: Build Back smaller? After months of stalled negotiations, little agreement in either chamber of Congress, and a declaration that Build Back Better was dead, last week, Senate Democrats were able to make progress on not one, but two separate bills. The first, known as the CHIPS and Science Act, was a more bipartisan effort from the Senate that has generally been split down party lines. While the second, known as the Inflation Reduction Act (IRA), is Senate majority leader, Chuck Schumer, D-N.Y., and Senator Joe … [Read more...] about Congress Vs. Inflation: The Legislative Tax Showdown