-The Economic Times The latest round of NSS - the 68th employment-unemployment round - brings good news for jobs. The data for 2011-12 shows that total employment in the economy has risen from 460.2 million in 2009-10 to 472.9 million in just two years. This is good news compared to the previous five-year period that saw an increase of only 2.5 million jobs over 2004-05 and 2009-10. Another piece of good news...
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Training 500 mn people by 2022 unrealistic: Govt think-tank IAMR -Vikas Dhoot
-The Economic Times NEW DELHI: The Manmohan Singh government's target of skilling 500 million people by 2022 is grossly inflated and is based on a speech by late management guru CK Prahalad instead of any demographic analysis. The country would actually need only about half that number of trained manpower by then, the government's own think-tank, the Institute of Applied Manpower Research (IAMR), has said in a research paper. The IAMR, housed under...
More »Higher your education, harder it is getting a job-Rukmini Shrinivasan
-The Times of India India's official unemployment rate last year was 3.8%, data released recently by the Labour Bureau shows, but, as always, averages hide many stories. A closer look at the numbers shows that unemployment rises with education level to 10% among graduates, and higher still for backward castes. The Chandigarh-based Labour Bureau under the union ministry of labour and employment released the 'Employment and Unemployment Survey 2012' last week. The...
More »Standard and poor? SCs, STs in Kerala, Tamil Nadu better off than others-Rukmini Shrinivasan
New census data on asset ownership among different social groups has shown that a far higher proportion of scheduled castes and higher still of scheduled tribes do not own basic consumer durables like a phone or bicycle as compared to "others". Three states however buck this trend; across caste groupings in Punjab, Kerala and Tamil Nadu, the rate of ownership of basic consumer durables is high. In fact, the asset ownership...
More »Public goods as the way to welfare-Pulapre Balakrishnan
There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...
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