-The Times of India NEW DELHI: A little over 6% of India's labour force was unemployed in 2017-18, the latest year for which government released data on Friday. The unemployment rate is identical to the rate mentioned in a report leaked in January this year, which had showed unemployment to be at a 45-year high. The leaked report had triggered a major controversy, with the opposition parties slamming the government for its...
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FY18 unemployment level is high but not comparable with previous surveys: NSO -Asit Ranjan Mishra
-Livemint.com * NSO says the change in criteria from monthly per capita expenditure to education levels has direct implications on the comparability of the results * Official data suggests unemployment rate rose to 45-year high of 6.1% in FY18 A day after the Narendra Modi government took oath of office for its second term, the National Statistical Office (NSO) on Friday formally released the leaked annual Periodic Labour Force Survey (PLFS), which showed...
More »Why farmers voted for BJP -Parth MN
-Mumbai Mirror Modi, with his brilliant communication skills along with the media at his disposal, managed to convince farmers to give him a longer rope A senior farm leader had once told me in a regretful tone: “Whenever farmers are denied their rightful crop insurance, or they are harassed by banks for loan recovery, they come to us. We agitate, protest and resist the system’s bullying of farmers. But the same farmers...
More »Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja
-The Economic Times January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one. NEW DELHI: India’s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment,...
More »Upper castes get big chunk of ministerial berths
-The Times of India NEW DELHI: Prime Minister Narendra Modi tried to accommodate representatives of most castes in his Council of Ministers but upper castes got a dominant presence, bagging 32 of the 58 berths. Ministers from Other Backward Classes, a crucial political constituency, numbered 13. Nine Brahmin leaders have found place in the Union cabinet, including Nitin Gadkari. Three Thakur leaders also made it, including Rajnath Singh, Jodhpur MP Gajendra Singh...
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