Doing away with the labour laws is no less than taking a U-turn from formal to informal employment.

The Policy Monitor
Doing away with the labour laws is no less than taking a U-turn from formal to informal employment.
Wage determination, therefore, becomes less and less a function of demand and supply and more and more a function of class power. If we take the regular demand-supply framework into consideration, we realise that the present pandemic not only causes a negative shock on the aggregate demand levels but also the aggregate supply levels
The costs of attending work for everyone would be the possibility of becoming a vector of transmission of virus but if the societal benefits of certain employees exceed their costs, adjusted wage payments should be made accordingly
The evidence and stories about the humanitarian crisis coming from various parts of the country are dire According to the report of Stranded Workers Action Network (SWAN), a group of volunteers conducting relief works for the stranded workers across the country, 72% of the workers who have contacted them have food ration left for only two days.
The lockdown has further demonstrated that the governance structures of democracy quite often legitimise use of violence against poor. Therefore, the ever-migrating cohorts of Indian citizens are now reduced to migrant labourers stuck in different cities without having even work or food supplies.
One can think of development aid as a ‘get-rich-quick-scheme’ or the exogenous stimulus that can bolster growth. However, I believe that this exogenous stimulus is impacted by endogenous factors like the quality of governance, transparency and political stability.
In the early 2000s, Jharkhand was carved out of then-Bihar state as a state to provide a voice to the tribal population who had been routinely ignored and silenced in the politics of Bihar. But do tribal states serve their purpose and provide for a better future of tribals?
If you have secured a place in a highly competitive course but make a conscious choice to let your actions make fellow humans suffer the same evil that they suffered at your family’s hands, you need to rethink about the purpose of education. If you are a 99.something percentiler and make a conscious choice to weed out the concept of ‘sustainability’ from your lifestyle, your education has failed.
So I think now even Doc and Marty would agree that if the students are saying something everyone should sit up and better listen. Students are more than just test scores. They have their own opinions, desires, ideas et al.
These students are the latest instruments in political attacks expertly directed from Lutyens’ and other redundant political corridors. Unincited violence and damages to public property in the name of protests is a mere representation of their desperation about slowly losing their relevance in Indian politics.