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Jobless Numbers Are Touching 5 Crore -Subodh Varma

-Newsclick.in Labour force has still not recovered to pre-pandemic levels, according to CMIE. Latest estimates put the number of unemployed in India at over 5 crore. This is just short of the heights reached during 2020, the first year of the pandemic, which saw recurring lockdowns and a shutdown of the economy. These estimates, made by the Centre for Monitoring Indian Economy (CMIE), are drawn from periodic sample surveys carried out by...

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Global target for pesticide reduction unnecessary: India’s environment minister

-PTI/Siasat.com Currently, more than 40 per cent of India's total workforce is employed in agriculture, according to the World Bank data released till 2019. Montreal: A numerical global target for pesticide reduction in the agriculture sector is unnecessary and must be left for countries to decide, India has said at the UN biodiversity conference here in Canada. Speaking during a high-level segment of the 15th Conference of Parties (COP15) to the Convention on...

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Farming isn't doing as well as our GDP data suggests -Himanshu

-Livemint.com Clearly, there is much more to GDP data than aggregate estimates. The National Statistical Office (NSO) released estimates of gross domestic product (GDP) for the second quarter of this fiscal year on 30 November. Based on these, India’s GDP in the July-September quarter increased by 6.3% compared to last year, whereas the gross value added (GVA) during the same period increased by 5.6%; the manufacturing sector witnessed a contraction of 4.3%....

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Exports rise marginally at 0.6% in November, trade deficit hits 7-month low

-Moneycontrol.com Exports in April-November amounted to $295.26 billion, up 11.1 percent, while imports were 29.5 percent higher at $493.61 billion India's merchandise exports posted a marginal increase in November on a year-on-year basis to $31.99 billion, data released by the commerce ministry on December 15 showed. The rise in exports in November was a mere 0.6 percent. The latest trade numbers come after data released last month showed exports contracted 17 percent in October...

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Global slowdown weighs on two-wheeler exports: SIAM

-The Hindu Business Line Major exporters such as Bajaj Auto, Hero MotoCorp, HMSI and TVS Motor Company, all have reported decline in sales The global slowdown has impacted two-wheeler exports between April and November this year to 26,79,201 units, a decline of 10 per cent y-o-y as compared with 29,76,065 units in same period last year. Major exporters such as Bajaj Auto, Hero MotoCorp, Honda Motorcycle & Scooter India (HMSI) and TVS Motor...

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