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Most Workers Are Open to Pay Cuts to Stay Home

Most Workers Are Open to Pay Cuts to Stay Home
macobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macobserver.com Daily Mail and Mail on Sunday newspapers.

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Sri Lanka: Protect Garment Workers' Rights During Pandemic - Sri Lanka


Sri Lanka: Protect Garment Workers’ Rights During Pandemic
Format
Compromised Safety, Pay Cuts, Representatives Threatened
(New York) – The Sri Lankan government, factory owners, and the international clothes brands sourcing from Sri Lanka should protect the safety and employment rights of garment workers during the Covid-19 pandemic, Human Rights Watch said today.
The Sri Lankan government has used a strict lockdown, first imposed on May 21, 2021, and other measures, including travel bans and bans on public gatherings, to contain a fresh wave of Covid-19 cases. However, President Gotabaya Rajapaksa ordered garment factories to remain open. Trade unions and public health inspectors have reported numerous virus outbreaks in factories, as well as in the congested boarding houses where many workers live, and alleged that employers were under-testing and under-reporting cases to maintain production levels. ....

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Indian stock brokers grew amid a pandemic as Sensex, Nifty soared — Quartz India


May 25, 2021
If stock brokering businesses were the benchmark for India’s economic success, no one would believe that the country is going through its worse financial crisis in decades.
Over the last year, as India struggled with Covid-19 outbreaks, the country’s economy went into a recession, the unemployment rate spiked sharply, and thousands of households were pushed into poverty. Many small businesses are currently hanging by a thread.
Away from this gloom and doom, stockbrokers in India have raked in millions during the pandemic.
In the financial year that ended on March 31, 2021, the stock brokerage industry in India clocked an income of Rs27,500-28,500 crore ($3.6 billion), which is around 30-35% higher year-on-year, according to rating agency ICRA. ....

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