-The Indian Express The budget needed to break new ground, provide a thrust to a slowing economy. This budget lacks innovation. Economics has never been a strong point of the NDA government. Its only two major economic forays, demonetisation and the GST, have both turned out to be pretty disastrous. It was futile, therefore, to expect much from the Union Budget for 2019-20. Even so, one is surprised by the budget’s...

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...

-Newsclick.in Unemployment is estimated at 9.35% in 2019 by CMIE, far worse than the PLFS/NSSO estimate of 6.1% for 2017-18. Finally, the government has released the suppressed report on unemployment, now that elections are done and dusted with. Meanwhile, joblessness has worsened dramatically with an estimated 4.17 crore people unemployed, according to another recent report of the CMIE (Centre for Monitoring Indian Economy), based on a similar sample survey. The government had directed...

-The Times of India NEW DELHI: Only 2.1% of illiterate urban men were unemployed in 2017-18, but 9.2% of men with at least secondary education didn’t have a job. The gap was even wider among urban women — 0.8% of those uneducated were jobless whereas 20% women with secondary or higher education were not employed. The Periodic Labour Force Survey (PLFS) released by the National Statistic Office (NSO) on Friday shows the...

-The Hindu Business Line Q4 GDP growth is at 5.8%; joblessness is highest in 45 years Four different macroeconomic data points released on Friday — GDP growth, fiscal deficit, unemployment numbers and core sector data — brought to the fore the enormous challenges the Modi 2.0 team faces in resurrecting the faltering economy and restoring the confidence of investors. The four macro data points — albeit for different periods — present a less-than-optimistic...