-TheWire.in The mass exodus of migrant workers from cities after the nationwide lockdown has amplified the housing crisis for migrant workers in cities. ‘Low-income migrants’ in cities have always subsumed under the blanket, but arguably vague, term ‘urban poor’. This categorisation overlooks the mobility dimension of migrant workers’ lives where they are constantly moving between places in search of work, following capital. The government’s own estimates also indicate that with each passing...
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India's unemployment rate rises to 6.9% in February: CMIE -Chitranjan Kumar
-BusinessToday.in Among the states, Haryana reported the highest unemployment rate of 26.4 per cent, followed by Rajasthan at 25.6 per cent and Goa at 21.1 per cent India's unemployment rate increased to 6.9 per cent in February 2021 from 6.53 per cent in the previous month, according to latest data released by private think-tank Centre for Monitoring Indian Economy (CMIE). The data showed that unemployment rate in urban areas declined despite a...
More »Budget 2021 Is a Chance to Undo the COVID-Induced Inequality That Has Surged Across India -Nikhil Dey
-TheWire.in Ideally, the government should increase the work entitlement for MGNREGA to at least 150 days, double the budget and put in place an urban employment guarantee act. Let’s start with those who did well over the last 10 months. The Sensex index crossed the 50,000 benchmark for the first time on January 21, 2021, with a whopping 70% increase since April 2020. The Oxfam inequality report, just released, gives an idea of...
More »Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) , interviewed by Govindraj Ethiraj (IndiaSpend.com)
-IndiaSpend.com Latest data indicate a structural shift away from organised sector jobs towards more insecure self-employment or unorganised sector jobs, Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) tells us in this interview Mumbai: "We have an ageing population. If we have shrinking employment in urban places, if the better educated graduates or postgraduates are the ones who are losing jobs, how can we recover the economy from the downslide...
More »It's Time Agricultural Production Kept Pace With India’s Changing Food Preferences -Seema Bathla and Siraj Hussain
-TheWire.in Going forward, processed foods, with both low and high levels of secondary processing, offers significant potential for non-farm jobs, and equally makes agriculture remunerative. India takes pride in producing surplus food-grains, oilseeds, spices, milk, fruits and vegetables. Many a time, due to a large supply of agricultural produce, market prices crash, leaving the farmers out in the cold. Low bargaining power, lack of storage infrastructure and inadequate cold storage facilities in the...
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