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A Shrinking Table -Shruti Lakhtakia

-The Indian Express As the elderly population grows, India faces new questions, must find new answers. During my childhood, we had a rather strict rule about having dinner together as a family. My grandparents were close to my father, and he to them. The cacophony of cross-conversations between grandparents, parents, cousins bore testimony to filial responsibility that had been deeply internalised by every generation. For a society in the throes of turbulent change,...

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Scheduled Castes among worst sufferers of India's job problem -Sukhdeo Thorat

-Hindustan Times Social discrimination and socio­economic realities add to disadvantages faced by Scheduled Castes (SCs) in the labour market. Although we do not have employment trends from National Sample Survey Office (NSSO) after 2011-12, anecdotal evidence suggests that India’s job challenge might have worsened in this period. The slow pace of job creation inflicts greater suffering on the workforce in an economy. This suffering however is not the same for all...

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Why clubbing employment and work in India is misleading -Jayati Ghosh

-Hindustan Times This lack of distinction explains the decline in women’s workforce participation rates. The decline reflects a shift from paid to unpaid work. New Delhi: One of the difficulties with discussions on employment in India is the tendency to conflate employment and work. But employment is only that part of work that is remunerated, and in India a vast amount of work is actually unpaid and often not even socially recognised....

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Note ban failed to curb the menace of counterfeit currency, indicates RBI's Annual Report

  Although containing fake notes in circulation was one of the objectives behind demonetisation when it was undertaken in 2016, recent data from the Reserve Bank of India (RBI) reveals that fake counterparts of some denominations grew during 2017-18 vis-à-vis the previous year. The recently released Annual Report for 2017-18 of the RBI shows that the total number of pieces of counterfeit notes of Rs. 2000/- denomination, which was detected in the...

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Did the Indian economy create nearly 13 million jobs in 2017? -Amit Basole and Anand Shrivastava

-Hindustan Times While a final conclusion on employment growth should wait for 2017-18 NSSO data, rosy estimates based on selective assumptions do not inspire much confidence . New Delhi: In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs (by principal status) in 2017. The authors also claim that net...

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