-The Telegraph Highest unemployment rate since August 2016 Mumbai: The gloom and doom scenario in India’s economy darkened a little more on Friday after an independent database company threw up an alarming statistic: the unemployment rate in October had surged to 8.48 per cent — the highest since August 2016. The Centre for Monitoring Indian economy (CMIE) — a respected private researcher — said the unemployment rate in urban India was 8.89 per...
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India's unemployment rate rises to 3-year high of 8.5% in October: CMIE
-BusinessToday.in The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in the country India's unemployment rate rose to a three-year high of 8.48 per cent in October, up from 7.2 per cent in September, says the data released by the Centre for Monitoring Indian economy (CMIE) on Friday. The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in...
More »Employment falls first time -- by 9 million in 6 years: Study -Udit Misra
-The Indian Express The “total employment during 2011-12 and 2017-18 declined by 9 million”. Also,close to 2.6 million jobs were lost every year between 2011-12 and 2017-18. A NEW academic paper — written by Santosh Mehrotra and Jajati K Parida and published by the Centre of Sustainable Employment at the Azim Premji University on Thursday — has formally concluded that the total employment in India declined between 2011-12 and 2017-18. This is...
More »Modi wanted to end MGNREGS. Now it's his only tool to ride through slowdown -Sevanti Ninan
-ThePrint.in Under the Modi government, the MGNREGS has suddenly become both an indicator of rural stagnation as well as the proposed solution to it. Agriculture Minister Narendra Singh Tomar had told the Lok Sabha in July this year that the Narendra Modi government was “not in favour of continuing with” the Mahatma Gandhi National Rural Employment Guarantee Scheme for long. While MGNREGS’ target group is the rural poor, the Modi government’s...
More »Explained: Why the govt wants to change the definition of MSMEs -Udit Misra
-The Indian Express A change in definition is expected to improve their ease of doing business and help create more jobs. It has been reported that the government will soon change the way it defines the micro, small and medium enterprises (MSMEs). “We will have one meeting and then finalise it (changes to MSME definition),” Union Minister Nitin Gadkari told news agency PTI, adding that extensive changes will be made soon....
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