Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f76ffe428a2-trace').style.display = (document.getElementById('cakeErr67f76ffe428a2-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f76ffe428a2-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f76ffe428a2-code').style.display = (document.getElementById('cakeErr67f76ffe428a2-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f76ffe428a2-context').style.display = (document.getElementById('cakeErr67f76ffe428a2-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f76ffe428a2-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f76ffe428a2-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 57105, 'title' => 'Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'subheading' => null, 'description' => '<p style="text-align:justify">-Vikalp.ind.in</p> <p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57105, 'metaTitle' => 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'metaKeywords' => 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs', 'metaDesc' => '-Vikalp.ind.in The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...', 'disp' => '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 57105, 'title' => 'Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'subheading' => null, 'description' => '<p style="text-align:justify">-Vikalp.ind.in</p> <p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 57105 $metaTitle = 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy' $metaKeywords = 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs' $metaDesc = '-Vikalp.ind.in The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...' $disp = '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy | Im4change.org</title> <meta name="description" content="-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Contraction of the Economy and the Impending Job Crisis -Satyaki Roy</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f76ffe428a2-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f76ffe428a2-code').style.display = (document.getElementById('cakeErr67f76ffe428a2-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f76ffe428a2-context').style.display = (document.getElementById('cakeErr67f76ffe428a2-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f76ffe428a2-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f76ffe428a2-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 57105, 'title' => 'Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'subheading' => null, 'description' => '<p style="text-align:justify">-Vikalp.ind.in</p> <p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57105, 'metaTitle' => 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'metaKeywords' => 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs', 'metaDesc' => '-Vikalp.ind.in The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...', 'disp' => '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 57105, 'title' => 'Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'subheading' => null, 'description' => '<p style="text-align:justify">-Vikalp.ind.in</p> <p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 57105 $metaTitle = 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy' $metaKeywords = 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs' $metaDesc = '-Vikalp.ind.in The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...' $disp = '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy | Im4change.org</title> <meta name="description" content="-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Contraction of the Economy and the Impending Job Crisis -Satyaki Roy</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]Code Context$value
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f76ffe428a2-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f76ffe428a2-code').style.display = (document.getElementById('cakeErr67f76ffe428a2-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f76ffe428a2-context').style.display = (document.getElementById('cakeErr67f76ffe428a2-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f76ffe428a2-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f76ffe428a2-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 57105, 'title' => 'Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'subheading' => null, 'description' => '<p style="text-align:justify">-Vikalp.ind.in</p> <p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57105, 'metaTitle' => 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'metaKeywords' => 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs', 'metaDesc' => '-Vikalp.ind.in The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...', 'disp' => '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 57105, 'title' => 'Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'subheading' => null, 'description' => '<p style="text-align:justify">-Vikalp.ind.in</p> <p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 57105 $metaTitle = 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy' $metaKeywords = 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs' $metaDesc = '-Vikalp.ind.in The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...' $disp = '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India&rsquo;s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The &lsquo;act of God&rsquo; only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy | Im4change.org</title> <meta name="description" content="-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Contraction of the Economy and the Impending Job Crisis -Satyaki Roy</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57105, 'metaTitle' => 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'metaKeywords' => 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs', 'metaDesc' => '-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...', 'disp' => '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 57105, 'title' => 'Contraction of the Economy and the Impending Job Crisis -Satyaki Roy', 'subheading' => null, 'description' => '<p style="text-align:justify">-Vikalp.ind.in</p> <p style="text-align:justify">The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p> <p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings!</p> <p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p> ', 'credit_writer' => 'Vikalp.ind.in, 26 September, 2020, https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'contraction-of-the-economy-and-the-impending-job-crisis-satyaki-roy', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 57105 $metaTitle = 'LATEST NEWS UPDATES | Contraction of the Economy and the Impending Job Crisis -Satyaki Roy' $metaKeywords = 'National Statistical Office,NSO,Employment Elasticity,Job Creation,Jobless Growth,Joblessness,Job Losses,Construction Sector,Retail Sector,Non-Farm Jobs' $metaDesc = '-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of...' $disp = '<p style="text-align:justify">-Vikalp.ind.in</p><p style="text-align:justify">The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share.</p><p style="text-align:justify">Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings!</p><p style="text-align:justify">Please <a href="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw" title="https://vikalp.ind.in/2020/09/contraction-of-the-economy-and-the-impending-job-crisis/?fbclid=IwAR24Y3qA-UYLRn_EP8ozoLpAJcPQM_R_zb3idFu_RsiWwdTMEzvLFQxXUsw">click here</a> to read more.</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Contraction of the Economy and the Impending Job Crisis -Satyaki Roy |
-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided non-farm employment to those shifted out of agriculture in the past three decades. During the period 2000 to 2012, on an average yearly 7.5 million jobs were created in these sectors of which construction absorbed the largest share. Non-farm jobs declined after 2012 and the annual average fell to 2.9 million till 2018. In a country like India where the employment challenge is primarily to provide jobs to the vast majority of unskilled workers, construction and retail trade played a significant role particularly when capital intensity in the manufacturing sector has been rising resulting in a steep fall in employment elasticity in the factory sector. In fact there has been a yearly contraction of 0.6 million manufacturing jobs in India during the period 2012-18 and mind that there was no pandemic situation that time. Therefore attributing the current contraction entirely to the pandemic would be imprudent and this further explains the fact that although major countries of the world are facing the same mega-health crisis but India recorded the biggest contraction within the G-20 group. The ‘act of God’ only aggravated what resulted from the act of earthly beings! Please click here to read more. |