-TheWire.in The number of jobs created in eight select industries in 2015 was 135,000. This was much worse than the 421,000 jobs created in 2014 and the 419,000 in 2013. Here, when I use the shorthand “jobs” it means both jobs and livelihoods for self-employed people. In the farm sector, most “jobs” are livelihoods. In the non-farm sector too, outside of the organized sector, much of working opportunities come as self-employed livelihoods...
More »SEARCH RESULT
Total Matching Records found : 139
India's job growth lowest since 2009: Where are the jobs PM Modi? -Sindhu Bhattacharya
-FirstPost.com New Delhi: Job creation has been suffering under the Modi Government and fresh data released by the Labour Bureau shows the extent of worry on this count. So, even as the country’s GDP growth continues to be healthy and predictions of above-average rainfall this year bring some cheer, the bad news on the jobs’ front needs the government’s immediate focus. A jobless growth does not help anyone. As per the...
More »Manufacturing isn’t the villain in India’s jobless growth story -Roshan Kishore
-Livemint.com Manufacturing is the biggest positive contributor to aggregate employment elasticity in the country, a fact which might appear counter-intuitive to many New Delhi: One of the biggest criticisms of India’s high growth trajectory this century has been its failure to generate jobs. Economists attribute this phenomenon to a decline in employment elasticity of output, which means that the same amount of output growth creates fewer jobs than it used to....
More »A Union budget for the village -Himanshu
-The Indian Express Government must address the stress in the rural economy, seen in falling wages and incomes, which could reverse recent progress in rural areas Last year in February, Prime Minister Narendra Modi had exhorted voters to vote for his party in the Delhi assembly election, claiming that his victory in the general election had brought luck to the country. Unfortunately, the voters of urban Delhi were not convinced and...
More »Growth data send conflicting signals
-The Hindu The latest GDP data released by the Central Statistics Office (CSO) raise more questions than they answer. While on the face of it, the projection of 7.6 per cent growth at constant prices for the fiscal year ending March 31 sounds both attainable and impressive, a closer look at the other sets of numbers, including the third-quarter reading, raises some flags. The pace of economic expansion is estimated to...
More »
