-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...
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Job Creation Under Modi Government Plunges To Levels Even Below The UPA Regime: Report
-HuffingtonPost.in "Yet more than half-way through his (Modi’s) tenure, there are almost no jobs available." The India Exclusion Report 2016, released by the New Delhi-based Centre for Equity Studies (CES) on Friday, says that fewer jobs were created under the Modi government in 2015 compared to the previous government led by the Congress Party. Citing Labour Ministry Data, the report says that employment creation in 2015 plummeted to 135,000 jobs compared to 930,000...
More »Dalits, Adivasis, Muslims worst off, says Indian Exclusion Report
-The Hindu ‘Historically disadvantaged groups most excluded from access to public goods’ Dalits, Adivasis and Muslims continue to be the worst-hit communities in terms of exclusion from access to public goods, according to the 2016 Indian Exclusion Report (IXR) released by the Centre for Equity Studies (CES) in New Delhi on Wednesday. “The 2016 Report reviews exclusion with respect to four public goods: pensions for the elderly, digital access, agricultural land, and legal...
More »Rich-poor divide in India widening as economy grows: Report -Chetan Chauhan
-Hindustan Times A new report examining 25 years of India’s economic liberalisation says exclusion of a large section of Dalits and Muslims have not gained adequately from the growth unlike more influential empowered sections of the society As India’s economy grew rapidly, the inequality between the richest and the poorest rose, the number of landless farmers increased and employment generation was lowest in 2015, says a new report examining 25 years...
More »Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh
-Hindustan Times Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same month last year. Cash transactions are back in vogue despite the government’s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate. Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same...
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