Article IMI Konnect Volume 9 (3) 2020

 Article 1:

Article: Introduction of Labour Codes and Its Possible Impact on Labour Market

Author: Kingshuk Sarkar, Joint Labour Commissioner (P), Govt. of West Bengal.

Earlier, the Indian labour market operated on the basis of 44 labourlaws. The recent introduction of the new labour codes by the Ministry of Labour& Employment intends to replace those. The article valuates the probable impact of these changes on the labour force in terms of their wages, protection of their social well-being, relationship with employers and safety at workplace.


 

Article 2:

Article: COVID-19 and Its Implications for Economy and Banking

Author: SoumyaKanti Ghosh, Group Chief Economic Adviser, State Bank of India

The author discusses the evolving macro-economic policymaking with reference to economic growth of the Indian economy as well as the globe, during the pandemic. It presents some new insights through state-wise analysis of debt, loss and status of NPAs of banks, and provides a number of recommendations as means of recovery for Indian banking.





 Article 3:

Article:Technology: The Heart of Business Continuity

Author: Snigdho Sundar Kundu, Business Intelligence Engineer, Amazon.com

Till the end of 2019, investment in technology was an option for many businesses. However, with the advent of COVID-19, it became a necessity for survival. The article provides an insightful overview of the pros of technology in terms of profitability and convenience in the long run. It helps to develop an understanding of value migration, digital, cloud, analytics and automation.





 Article 4:

Article:Consumerism in Times of Uncertainty: Analyzing Purchasing Behaviour during COVID-19

Author: Tinu Jain, Assistant Professor (Marketing), International Management Institute, Kolkata, Palakh Jain, Assistant Professor (Economics), Bennett University and ChaviAsrani, Ph.D. Scholar (Economics), Indian Institute of Technology, Delhi


On the basis of an analysisof data on from Unified Payments Interface (UPI),the article presents some interesting observations on the purchase behavior in general, before and during the pandemic. Data on credit and debit card transactions show how consumers tend to hoard in uncertain times.




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