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IMF says, Getting more women into formal workforce is priority for India

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Ken Kang
Ken Kang. IANS

India must focus as a priority on ensuring that more women work in the formal sector as it continues with labour reforms, according to Ken Kang, the deputy director in International Monetary Fund (IMF) Asia Pacific Department.

While “in recent years India has made very impressive progress in reforms,” he said that “looking ahead there are important policy priorities” and listed three among them.

“One, is to continue improvements in product and labour market reforms with a focus on increasing formal female labour participation to improve the business environment, and reduce complex regulations, but also to address supply bottlenecks, particularly in the agricultural sector and distribution networks,” Kang said at a news conference on Friday in Washington.

As one of India’s major reform achievements, he mentioned the “introduction of flexible inflation targeting and of a statutory monetary policy which has helped to strengthen the monetary policy framework.”

Working woman
Working woman. Pixabay

The Reserve Bank of India Act was amended in 2016, to provide for a Monetary Policy Committee that decides on the interest rate required for achieving the inflation target set by the government in consultation with the bank.

The other achievements include the Goods and Services Tax (GST) and the “major recapitalisation plan for the public-sector banks in order to accelerate the work out of nonperforming loans, as well as made some important legal improvements through a new insolvency and bankruptcy law,” Kang said.

“We expect and hope that the reform momentum continues,” he added.

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“We are not saying that India’s structural reform speed will slow down because of elections,” Changyong Rhee, the IMF director of the Asia Pacific Department said.

“What we are saying is that the growth momentum and the structural reform momentum should continue despite the election period. So there is something misquoted,” he added.

On Thursday, IMF Managing Director Christine Lagarde had said at a news conference on Thursday, according to the IMF transcript: “We have seen and we are seeing — I am not sure that we will be seeing in the next few months given the elections that are coming up — major reforms that we had recommended and advocated for a long time.”  IANS

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Sweetened Beverages May Increase Risk of Early Death: Study

Sugar-sweetened beverages intake is also on the rise in developing countries, spurred by urbanisation and beverage marketing

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soda
The "soft drinks" were defined as caffeinated colas, caffeine-free colas and other carbonated beverages (such as diet ginger ale). Pixabay

Women who drink sugar sweetened beverages are at an increased risk of death from cardiovascular diseases, researchers have warned.

The study, led by Harvard University researchers, found that drinking 1-4 sugary drinks per month was linked with a one per cent increased risk of death and 2-6 drinks per week with a six per cent increase.

The increased early death risk linked with sugar-sweetened beverages consumption was more pronounced among women than among men, the findings, published in the journal Circulation, showed.

“Our results provide further support to limit intake of sugar-sweetened beverages and to replace them with other beverages, preferably water, to improve overall health and longevity,” said lead author Vasanti Malik.

However, drinking one artificially-sweetened beverage per day instead of carbonated and non-carbonated soft drinks, fruit drinks, energy drinks, and sports drinks lowered the risk of premature death.

One should go for healthier alternatives of cold drinks. Wikimedia Commons
One should go for healthier alternatives of cold drinks. Wikimedia Commons

For the study, the team analysed data from 80,647 women and 37,716 men.

The study supports policies to limit marketing of sugary beverages to children and adolescents and for implementing soda taxes.

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Sugar-sweetened beverages should be no more than 10 per cent of daily calories from added sugars.

Sugar-sweetened beverages intake is also on the rise in developing countries, spurred by urbanisation and beverage marketing, said the team. (IANS)

One response to “Sweetened Beverages May Increase Risk of Early Death: Study”

  1. Soft drinks, like all the beverages made by our industry, are safe to consume as part of a balanced diet. The sugar used in our beverages is the same as sugar used in other food products. We don’t think anyone should overconsume sugar, that’s why we’re working to reduce the sugar people consume from beverages across the country. Additionally, low- and no-calorie sweeteners have been repeatedly confirmed as safe by regulatory bodies around the world.