-TheWire.in New Delhi: The pace of job creation in the organised sector fell sharply during April-June 2017 to a three-quarter low due to significant job losses in manufacturing, latest official estimates show. The number of new jobs created declined by around 65% to 64,000 in April-June 2017 from 185,000 in January-March 2017, according to the Labour Bureau’s quarterly report on employment. Job creation during April-June was even lower than the 77,000 reported...
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Labour Bureau's new report indicate layoffs of casual & contract workers in Q1 of 2017-18
The declining trend in organized sector employment (i.e. in establishments employing 10 or more workers) continued in the first quarter of 2017-18. The sixth round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st July, 2017), which was released in February this year, confirms this. The Labour Bureau’s latest report says that the net number of jobs created in the 8 major sectors of the economy was...
More »Pradhan Mantri Kaushal Vikas Yojana 2.0: Renewed push falls short -Anil Sasi
-The Indian Express Various changes have been introduced in the execution of the government's skilling programme to generate more jobs, but to no avail. An average of just over one out of six people trained under the scheme have found a job. The government’s flagship skilling scheme — Pradhan Mantri Kaushal Vikas Yojana (PMKVY) — continues to grapple with the issue of achieving end-results, despite fresh attempts to redirect its focus to...
More »'Of Hits and Misses: Analysis of Union Budget 2018-19' -CBGA
-Centre for Budget and Governance Accountability (CBGA) Union Budget 2018-19 is the fifth and the final full-year budget of the current ruling dispensation. The major plank on which this government was elected in 2014 with an exceptional mandate were issues of development related to reducing corruption, generating meaningful employment opportunities, tackling inflation (especially food inflation, an issue plaguing the economy at that point of time), reducing inequality, and pushing the economy...
More »3 out of 4 workers in India fall in vulnerable employment category: ILO
-Business Today Apparently it is not just jobless growth that we should be worrying about. Rather, according to a new report by the International Labour Organization (ILO), a far greater concern is the fact that vulnerable employment is on the rise. According to the World Employment and Social Outlook: Trends 2018 report, while the global unemployment rate is expected to stabilize at around 5.5% over the next couple of years, the...
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