-Livemint.com Preference for government jobs is highest among college-educated rural youth, a segment seen at the forefront of recent agitations for quotas, shows analysis In one of the largest such exercises ever conducted in the world, millions of applicants are appearing this month for an online recruitment test conducted by the Indian Railways. The Railways Recruitment Board (RRB) has received more than 24 million applications for roughly 120,000 vacancies in the organization. Most...

-ILO News Despite real wage growth, inequality, informality and gender wage gap persist. New Delhi: While India’s economy in the past two decades has seen an annual average GDP rate of 7 % — low pay and inequality persist according to the India Wage Report: Wage policies for decent work and inclusive growth , published by the International Labour Organization. The NSSO estimates also indicate that the real average daily wage has doubled...

-TheWire.in Real average daily wages improved between 1993-94 and 2011-12, but gains of growth have bypassed casual workers, women and rural areas. Over the past two decades, India became one of the two fastest growing economies in the world, alongside China. The gross domestic product (GDP) has risen four folds since 1993. But has this growth been distributed to lower economic inequality? Has the increase in wages matched the pace of growth...

-Livemint.com The average annual income of agricultural households was Rs 107,172, the National Financial Inclusion Survey 2016-17 shows New Delhi: Rural households have access to banking and have savings but investment levels and pension and insurance coverage remain very low, a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (Nabard) showed. At the same time, levels of indebtedness were high and nearly equalled annual incomes, according to...

-The Hindu Business Line New Delhi: The income of agricultural households, which account for nearly half the rural households in the country, surged to Rs 1,07,172 in 2015-16 at a annual compound growth rate (CAGR) of 12 per cent since 2012-13. According to a rural survey carried out by the National Bank for Agricultural & Rural Development (Nabard), while the average annual income levels of non-agricultural households in 2015-16 stood at Rs...