-The Indian Express Data that suggests young workers are increasingly turning to the scheme is a sign that must worry policymakers After the contraction of factory output by 1.1 per cent in August compared to the past year, the sharp decline in commercial credit in the year till September and other such gloomy indicators, come fresh signs of the deepening slowdown. As this paper has reported, the proportion of young workers, those...

-CounterCurrents.org Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) this year has almost come to a standstill. While the nation is debating the economic slowdown and falling demand in the rural areas , economists emphasizing that increase in the rural income and generating resources for the poor as a potential solution to the on going crisis, the so called world’s largest job scheme remains neglected by the Government of India. While focusing...

-PTI Economists at State Bank Research also warned that any attempt to trim government spending to maintain the fiscal numbers will be severely detrimental to growth. Lose-monetary policy alone cannot arrest the deepening slump, instead government must take demand-boosting measures, especially in rural areas, by frontloading expenditure primarily through the national rural employment scheme, says a report. Economists at State Bank Research Monday also warned that any attempt to trim government spending to...

-Livemint.com Four out of 10 youth who received vocational training are out of the labour force, and a significant chunk of those in the workforce remain unemployed Reiterating the government’s commitment to the 'Skill India' initiative in her maiden budget speech, India’s finance minister, Nirmala Sitharaman claimed that the government is enabling millions to take up industry-relevant skill training, boosting their job prospects. An analysis of the unit-level data from the Periodic Labour...

-The Hindu The recent PLFS data, which show a historic decline in manufacturing employment, make one fact plain — India desperately needs a comprehensive industrial policy, absent since 1991 The Union Budget suggests that the government has not recognised the need to create more manufacturing jobs. For the first time ever, manufacturing jobs fell in absolute terms between 2011-12 and 2017-18, to quote the Periodic Labour Force Survey (PLFS) of the National...