Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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How Many Jobs Did MUDRA Create? Modi Won't Tell You Before Election
-Newsclick.in Earlier, the government stopped the release of the NSSO report on unemployment for 2017-18 and the sixth labour bureau annual employment-unemployment survey. Both showed an unprecedented rise in job losses. New Delhi: For the third time, the Narendra Modi government has stopped the release of government data on jobs created in the country before the 2019 Lok Sabha elections. The Indian Express reported on March 14, 2019 that a survey by the...
More »Even Mudra job survey data put in deep freeze -Amitav Ranjan
-The Indian Express “The number of jobs created under the Mudra scheme will be released after the polls as the Expert Committee found anomalies in the methodology used by the Bureau in arriving at the findings,” sources said. The labour bureau’s survey on the number of jobs created under the Micro Units Development & Refinance Agency (Mudra) scheme will not be made public for another two months making this the third...
More »MSMEs created 1.5 crore jobs a year since 2014: Survey
-The Times of India NEW DELHI: A survey of 105,347 micro, small and medium enterprises firms (MSME), has shown a growth of 13.9% in net jobs created over the last four years at 3.3% per annum. The survey conducted by the Confederation of Indian Industry (CII) said the overall job creation works out to 13.5 to 14.9 million per annum given that the total workforce size according to the labour bureau is...
More »labour bureau submits report on jobs created by MUDRA loans -Priscilla Jebaraj
-The Hindu The labour bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior labour bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...
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