-Newsclick.in In high and upper-middle-income countries, around 20% of all employed are overeducated; the corresponding share for lower-middle-income countries is around 12.5%, while in low-income countries it is less than 10%. Only half of the workers worldwide hold jobs corresponding to their level of education, according to a recent report by the International Labour Organization (ILO). The report pointed out that many people are working in jobs that do not match their...
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India's income divide narrows, wealth divide persists: Survey data -Ishaan Gera
-Business Standard The top 10 per cent among the country's households own more than 50 per cent of the assets. India’s top 10 per cent households three years ago held 55.67 per cent of the wealth in urban areas and 50.84 per cent of it in rural, shows data released by a state survey last week. Results from the National Sample Survey Organisation’s All India Debt and Investment Survey (AIDIS) for 2018-19 are...
More »Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey
The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...
More »Agriculture Ministry ties up with Jio, ITC, NCDEX to develop agritech
-The Hindu The Agriculture Ministry signed agreements on Tuesday with Reliance’s Jio Platforms, ITC, Cisco, NCDEX e-Markets and Ninjacart to develop agritech solutions using its National Farmers Database which includes information of 5.5 crore farmers. Microsoft, Amazon and Patanjali are among the companies that signed agreements for similar pilot projects earlier this year. This is part of an effort to modernise the agriculture sector by infusing new technologies so that farmers can...
More »Official data corroborates deepening of livelihood crisis in urban areas during the 2020 nationwide lockdown
The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...
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