-India Today According to its latest report by ILO, India has an estimated 18.6 million jobless in the country this year which will increase to 18.9 million in 2019 Many would argue that the core objective behind education is to gainful employability. They are not far from the truth. Indeed, many organizations that evaluate the return on investment in education do so on the basis of the employability quotient. The data with regard...
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Worsening Situation in our villages -Ashwani Mahajan
-The New Indian Express In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17 In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17. It has revealing data about the worsening situation of farmers and villages across India. The survey shows that the average monthly income of rural households in India is...
More »Not enough jobs, private investments missing: What's wrong with the world's fastest growing economy? -Dinesh Unnikrishnan
-Firstpost.com A report from rating agency CARE, released early this week, revealed that India's employment scenario is not looking good. It said job growth in corporate India moderated to 3.8 percent in fiscal year 2018, from 4.2 percent in the previous fiscal and the problem is most severe with smaller companies. The report, based on an analysis of over 1,600 corporates, said smaller companies with net sales of less than Rs...
More »The India that does not shine is bigger than the India that does -Anup Sinha
-The Telegraph The obsession with economic growth and the stock market hides other important facts about the condition of the economy Every time quarterly or monthly reports of the Indian economy are announced there is a reaction in the media. If the results are worse than the previous ones, then impending doom is forecast. If the results are better than the previous ones, there is unbridled optimism about future economic prospects. Both...
More »'Need for an employment policy to solve jobless growth'
-The Hindu Study: divergence between growth and jobs has risen With higher growth rates not having translated into more jobs and increases in productivity failing to spur a commensurate rise in wages, the government ought to formulate a National Employment Policy that takes these trends into account, the State of Working India 2018, a new study released by Azim Premji University’s Centre for Sustainable Employment, recommends. Confirming the spectre of jobless growth, the...
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