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Budgeting for jobs, skilling and economic revival -Ram Singh

-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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Survey data and government claims need not always match -Himanshu

-Livemint.com Let’s not discredit the findings of statistical surveys that are conducted among real respondents The uncomfortable truth that emerged from the leaked report of the Consumer Expenditure Survey (CES) is that rural poverty increased substantially between 2011-12 and 2017-18 for the first time in five decades. That this happened during a period of claimed high growth should have led to more research on what went wrong. Instead, there have been attempts...

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Govt releases 5 survey reports after uproar, holds back study it junked -Somesh Jha

-Business Standard Scholars across the world had appealed for the survey reports, including one on household consumer expenditure. The Union government on Saturday released five sets of survey reports on key socio-economic trends, most of which were approved but withheld. The junked consumer expenditure survey was not among these. The Ministry of Statistics and Programme Implementation (MoSPI) released the survey reports, ‘Household Social Consumption in India: Health’ and ‘Household Social Consumption in India:...

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Skills study: Over next 5 years, just 1 in 5 entrants to labour force a woman -Aanchal Magazine

-The Indian Express While the NSO’s PERIODIC LABOUR FORCE SURVEY (PLFS) 2017-18 had estimated female labour force participation rate for 15 years and above at 23.3 per cent, the comparative numbers of other countries highlight the labour market’s gender skew. Just one out of five persons — in the 15-30 years age bracket — entering the labour force is expected to be a female in the five years ending 2023, when...

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The jobs challenge -Santosh Mehrotra & J Parida

-The Indian Express A comprehensive employment policy combined with an industrial policy is necessary to address the crisis. A report in this paper (IE, November 1) on various employment estimates for 2017-18, based on the PLFS (PERIODIC LABOUR FORCE SURVEY) data, has received considerable attention. We have received several queries from policy makers regarding the differences in our employment estimates with studies by Laveesh Bhandari and Amaresh Dubey (BD), and Himanshu...

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