-The Indian Express The two mills together have already crushed over 9.40 lakh tonnes (lt) of cane in the ongoing 2017-18 sugar season (October-September), but managing director Bajirao Tukaram Pawase expects the final figure to cross 12 lt. Aurangabad / Jalna (Maharashtra): March is over, yet crushing operations at the Samarth cooperative sugaR factory’s two units in Jalna district’s Ambad and Ghansawangi talukas are still in full swing. The two mills together...
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How the data sets stack up -C Rangarajan & S Mahendra Dev
-The Hindu Why measuring inequality is not the same as measuring changes in the level of poverty in India In recent years, there has been a lot of discussion on increasing inequality within several countries of the world, including India, particularly after the publication of Thomas Piketty’s book on inequality. It is true that rising inequality has adverse economic and social consequences. The Gini coefficient or other measures of inequality are being...
More »Job creation more than doubles to 136,000 in July-Sept 2017: Labour Bureau -Somesh Jha
-Business Standard In the manufacturing sector, 89,000 jobs were created as compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year Job creation in the organised sector rose two-fold to 136,000 in July-September 2017 compared to the previous quarter, largely driven by an uptick in the manufacturing sector, latest official estimates showed. In comparison, job creation stood at 64,000 in April-June 2017...
More »Forget job growth, employment in India actually fell between 2014 and 2016 -Manas Chakravarty
-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...
More »Is higher economic growth eating up jobs in India? -Roshan Kishore
-Hindustan Times Non-farm jobs was positive despite negative jobs growth in 2014-15 and 2015-16 The KLEM database released by RBI on 27 March, 2018 gives employment statistics for the Indian economy till 2015-16. It shows that total employment shrank by 0.2% and 0.1% in India in 2014-15 and 2015-16. These statistics raise disturbing questions. India’s Gross Value Added (GVA) growth increased continuously between 2012-13 and 2015-16. Why did employment growth go into negative...
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