-News18.com The report states that women are much worse affected than men because they have higher unemployment rates as well as lower labour force participation rates. Bengaluru: India’s unemployment reached its highest at 6 per cent in 2018, double of what it was in the decade between 2000 and 2010. According to a report by Azim Premji University's Centre for Sustainable Employment, 50 lakh people lost their jobs after Narendra Modi’s...
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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 »Ensure a minimum income for all -Ram Singh
-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
More »Jobs and gloom -Jayan Jose Thomas
-Frontline.in Available evidence indicates that the employment situation in India may have worsened in the recent past, and the losses have been heavy for the informal sector. The delayed release of official data on employment only makes diagnosis difficult. This year’s Union Budget, even if truncated because of its interim nature, was widely anticipated for the manner in which it would address the question of employment. In the last week of January,...
More »Everyone is afraid of data -Sonalde Desai
-The Hindu There needs to be robust infrastructure for official statistics so that governments do not suppress inconvenient truths Over the past two weeks, headlines have focussed on declining employment between 2011-12 and 2016-17; loss of jobs under the National Democratic Alliance government, particularly post-demonetisation; and the government’s refusal to release a report using the Periodic Labour Force Survey (PLFS) documenting this decline, leading to resignations of two members of the National...
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