-The Economic Times Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos. NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...
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The sum and substance of the jobs data -Sonalde Desai
-The Hindu Rising unemployment must also be seen as a function of rising education and aspirations The report from the Periodic Labour Force Survey (PLFS) is finally out, garnering a lot of attention based on selective reading of tables and spurring partisan debates. In particular, the staggering increase in the unemployment rate, from 1.7% in 2011-12 to 5.8% in 2017-18 for rural men and from 3.0% to 7.1% for urban men, has...
More »Make up for lost time -Puja Mehra
-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...
More »It's now official: Joblessness rises with education level -Surojit Gupta
-The Times of India NEW DELHI: Only 2.1% of illiterate urban men were unemployed in 2017-18, but 9.2% of men with at least secondary education didn’t have a job. The gap was even wider among urban women — 0.8% of those uneducated were jobless whereas 20% women with secondary or higher education were not employed. The Periodic Labour Force Survey (PLFS) released by the National Statistic Office (NSO) on Friday shows the...
More »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...
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