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LATEST NEWS UPDATES | Two joblessness narratives in India from two large-scale surveys -Sriharsha Devulapalli and Pramit Bhattacharya

LATEST NEWS UPDATES

Two joblessness narratives in India from two large-scale surveys -Sriharsha Devulapalli and Pramit Bhattacharya


June 23, 2020

-Livemint.com A Mint analysis suggests that the CMIE figures should not be considered a proxy for the official unemployment and labour force participation rates As the country went under lockdown, and everything, including the collection of statistics, came to a halt, analysts and economists were left scrambling...

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How China Reduced the Urban-Rural Economic Chasm – and How India Can Do it Too -Mahesh Uniyal
June 23, 2020

-TheWire.in Unlike China which supported productivity-enhancing R&D investments, India’s focus has been on politically-driven subsidies that mainly benefit large farmers. We saw the trailer two years ago. TV news visuals of the plight of thousands of rural poor marching to Mumbai shocked the relatively affluent residents of...

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Will Bihar's Economy Rise to the Reverse Migration Challenge? -Santosh Mehrotra and Baikunth Roy
June 23, 2020

-TheWire.in Even if up to half of the returned migrants leave the state again, the question of how the rest will find gainful employment is both a political and economic issue. One way of looking at India’s lockdown’s strategy was that it came too early, was the...

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Boiling Siberia shows temperature swings may be increasing: Experts -Akshit Sangomla
June 23, 2020

-Down to Earth The warming of the Arctic, as seen by the Siberian heatwave, may also impact western disturbances in India Verkhoyansk, a town in Siberia, has recorded the highest temperature in the Arctic circle in the last 140 years at 38 degree celsius. This is around...

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It’s raining jobs in rural India as farm economy opens up -Prashant K. Nanda
June 23, 2020

-Livemint.com * Increased government spending on the rural jobs programme has also aided returnee migrants * The urban job loss rate fell nearly 2 percentage points to 11.19% in the week ended 21 June over the previous week The timely arrival of the monsoon has given a much-needed...

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