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Indian Express Explained 20th April 2020

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1) Worker Population Ratio:-

The employment-to-population ratio is defined as the proportion of an economy’s working-age population that is employed.

As an indicator, the employment-to-population ratio provides information on the ability of an economy to create jobs.

Worker population ratio is defined as the number of persons employed per thousand persons.
WPR= No. of employed persons x 1000
/Total population

Worker Population Ratio is an indicator used for analyzing the employment situation in the country. This is also useful in knowing the proportion of population that is actively contributing to the production of goods and services in the economy.

2)Explained:Labour Force Participation Rate

The Labour Force Participation Rate (LFPR), obtained by dividing the number of persons in the labour force by total population, is an important parameter in employment projections and formulation of employment strategies.

NSSO defines Labour force participation rate (LFPR) as the number of persons/person days in labour force per thousand persons/person days.

LFPR = No. of persons/person days employed + No. of persons/person days unemployed x 1000
Total Population.

3) Foreign Company :- The term foreign company is defined in Section 2(42) of the Companies Act, 2013.

In India, “foreign company” means any company or body corporate incorporated outside India which—

(a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and

(b) conducts any business activity in India in any other manner.

4)Explained: Who are the Brus in Tripura camps, and why they are not returning to Mizoram

Bru or Reang is a community indigenous to Northeast India, living mostly in Tripura, Mizoram and Assam.

In Tripura, they are recognised as a Particularly Vulnerable Tribal Group.

In Mizoram, they have been targeted by groups that do not consider them indigenous to the state.

In 1997, following ethic clashes, nearly 37,000 Brus fled Mamit, Kolasib and Lunglei districts of Mizoram and were accommodated in relief camps in Tripura. Since then, 5,000 have returned to Mizoram in eight phases of repatriation, while 32,000 still live in six relief camps in North Tripura.

 

 

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