-The Hindu The Budget needs to provide direction to India’s tottering economy and a boost to aggregate demand and investment The forthcoming Union Budget will determine whether India’s economic engine gets the steam needed for a rebound, or the current economic situation becomes even worse. Not just the future of the economy, the future of the country’s youth depends on the Budget. The unEmployment rate at 6.1% (Financial Year 2017-2018) is the highest...
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Is MGNREGS the answer to the rural slowdown? -Sneha Alexander & Nikita Kwatra
-Livemint.com MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are growing louder ahead of the upcoming budget. Proponents of MGNREGS believe that it may be the only ammunition in the government’s arsenal to fight rural...
More »How caste impacts migration and its benefits -Priyansha Singh & Chitra Rawat
-India Spend Mumbai: Poverty and lack of opportunity in their hometowns drove 93 million Indians from disadvantaged castes and tribes in 2011 to migrate to other areas within their states in the hope of securing education or Employment. However. they continue to face social segregation, labour market discrimination and barriers to accessing the most basic services, finds an analysis of Census data and research studies by India Migration Now, a Mumbai-based...
More »Nearly half a billion people can't find decent work; unEmployment set to rise: new UN labour report
-United Nations News Around half a billion people work fewer paid hours than they would like, or are not getting enough access to paid work, shows a study published by the International Labour Organization (ILO) on Monday, which also forecasts that unEmployment will rise by about 2.5 million this year. After nine years of relatively stable global unEmployment, the World Employment and Social Outlook: Trends 2020 puts the rising jobless numbers down...
More »Redesigning India's ailing data system -RB Barman
-The Hindu The present national accounting and analytical framework misses out on many key dimensions of a complex economy The new series of Gross Domestic Product (GDP) figures with 2011-12 as base, released in 2015, has not gone well with analysts; the withholding of Employment-unEmployment data for some time and consumer expenditure data, which is not released, added to this unease. Bringing the National Sample Survey Office (NSSO) under the fold of...
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