-The Hindu July-September quarter usually sees more jobs added New jobs in eight labour-intensive industries fell to a six-year low in the first nine months of 2015 — with just 1.55 lakh new jobs being created compared to over three lakh jobs over the same period in 2013 and 2014, according to Labour Bureau data. Analysts said this was not a healthy sign, especially since the July-September quarter usually sees more jobs being...
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Budget expectations for rural sector
Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...
More »Govt to come out with quarterly, annual employment surveys -Surabhi
-The Hindu Business Line Will help policymakers, analysts calculate impact of decisions on real-time job market The Ministry of Statistics and Programme Implementation is set to launch quarterly and annual surveys on employment. “We are in the process of getting administrative clearances. The methodology has already been finalised and the surveys should be launched soon,” said TCA Anant, the country’s Chief Statistician. Once this is done, it is expected to bridge a major deficit...
More »Job growth falls, down to lowest in 3 quarters
-The Indian Express Even as India is poised to emerge as the fastest growing economy in the world, employment generation in eight crucial sectors in the third quarter of 2014-15 dipped to its slowest pace in three quarters. Just 1.17 lakh new jobs were created in eight key sectors of the economy between October and December 2014, according to a survey by the labour bureau. In contrast, 1.58 lakh jobs were created...
More »Creating 'Good Jobs': Assessing the Labour Market Regulation Debate -Radhika Kapoor
-Economic and Political Weekly The current regime seeks to reform labour laws with the understanding that these reforms will improve industrial growth and expand the possibilities of enterprise. However, there is already ample evidence from within India that this obsession with reforming labour law, particularly in the way the government has done it till now, will not take us any closer in creating more jobs or a healthy industrial sector. These...
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