In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
More »SEARCH RESULT
Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017
Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
More »Pathways to an income guarantee -Ram Singh
-The Hindu There is a compelling case for spending Rs. 3.6 lakh crore on the poor, but it must be done carefully The idea of a minimum income guarantee (MIG) has caught up with political parties. A MIG requires the government to pay the targeted set of citizens a fixed amount of money on a regular basis. With the promise of the Nyuntam Aay Yojana (NYAY) by the Congress party, it is...
More »'Government isn't able to provide even small jobs': Unemployment, anger in Jaipur's informal sector -Madhav Sharma
-Scroll.in Effects of demonetisation and GST continue to be felt across the country on the eve of the elections At three grimy market squares in India’s pink city of sandstone palaces, the fates of a former farming couple, a former factory owner, and a graduate illustrated how difficult it now is to find even a job of hard labour, as a general election looms in a country witnessing record unemployment. It had been...
More »Delhi govt plans to set up hostels for daily wagers -Atul Mathur
-The Times of India NEW DELHI: Thinking beyond “rain basera”, the ordinary shelters for the homeless, Delhi government is now working on a proposal to set up working men’s hostels. Though at a conceptual stage, the hostels would provide dedicated beds to the working class in a dormitory with the provision of a community kitchen and recreational activities at a monthly rent of up to Rs 1,000, said sources. The hostels would be...
More »