-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...
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Jobless growth becomes more systemic -KP Kannan & G Raveendran
-The Hindu Earlier confined largely to the organised sector, it has now spread to other areas, as revealed by the latest survey results The findings of the latest employment survey, called the Periodic Labour Force Survey (2017-18), are a cause for concern as the scenario is still far from anything that would denote decent employment. The two biggest issues here are: the shrinking share of the labour force; and the rising unemployment. The...
More »India's workforce has fewer women than it did six years ago -Janaki Shibu and Rosa Abraham
-Scroll.in/ India Spend Women earn between Rs 70 and Rs 80 for every Rs 100 that men earn. India’s workforce has fewer women than it did six years ago: no more than 18% in rural areas are employed, compared to 25% in 2011-’12 and 14% in urban areas from 15% in 2011-’12. However, in urban areas, the percentage of women in salaried jobs has increased from 35.6% in 2004 to 52.1% in...
More »Rs.3,000 monthly pension for kirana shopkeepers, traders: All you need to know
-Livemint.com * The new scheme is a part of Prime Minister Narendra Modi's universal social secuity programme * PM Narendra Modi's new pension scheme aims at benefiting over 3 crore traders and shopkeepers The newly-inducted Union Cabinet, in its first meeting, approved a mega pension scheme to provide a minimum assured pension of Rs.3000 per month to all small shopkeepers and retail traders. The new scheme is a part of Prime Minister Narendra Modi's...
More »In UP leather belt that votes today, closed tanneries cast shadow -Harish Damodaran
-The Indian Express 4 lakh jobs, Rs 4,000-cr per month at stake; Kanpur, Unnao count losses. Kanpur, Unnao: Rizwan Nadri is a self-proclaimed Narendra Modi bhakt. “I credit his government at the Centre for approving a 20 million-litres-per-day (MLD) common effluent treatment plant (CETP), which will give us a new lease of life,” states this 34-year-old owner of Nadri Tanning Industries. His three tanneries are among the 241 in Kanpur’s Jajmau leather...
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