“The mismatch between inflation and wage growth undermines both economic welfare and industrial harmony.” Examine the extent of this mismatch in India and its socio-economic consequences. Suggest policy measures to address it.

Topic: Inclusive growth and issues arising from it. Q4. “The mismatch between inflation and wage growth undermines both economic welfare and industrial harmony.” Examine the extent of this mismatch in India and its socio-economic consequences. Suggest policy measures to address it. (15 M) Difficulty Level: Medium Reference: IE Why the question Contemporary labour unrest and …

The lingering crisis of labour post-pandemic

 GS Paper 3 Syllabus: Indian Economy and issues relating to employment   Source: TH  Direction: The article highlights crises in global and Indian employment scenarios, their impact and remedies.   Context: The International Labour Organisation (ILO) recently published two reports (The Global Wage Report 2022-2023 and Asia-Pacific Employment and Social Outlook 2022) that provided insight …

There are no poor people, only people in poor places

GS Paper 3 Syllabus: Significance of Agriculture Sector in Economy, Employment & Unemployment in India.   Source: Indian Express Directions: This is taken from the editorial section of Indian Express. Go through it once, you can use it for value addition. Context:  Recently Chile rejected a draft utopian constitution — giving free housing, a number …