-TheWire.in Instead of giving freebies to the affluent, Sitharaman should have announced additional government spending in MNREGA and plans for filling vacancies in government jobs. After holding out for seven weeks, following her maiden budget, Nirmala Sitharaman finally blinked. For about a month now, pink papers and business-friendly pundits had been crying foul about India Inc’s shrinking sales. But, since you can’t sell a sob story about the rich, it was spun to...
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Abstain from speculations, give exact job loss count, Finance Ministry tells India Inc.
-The New Indian Express There were also reports that the auto sector has seen 3 lakh crore jobs being lost. NEW DELHI: TAKING notice of daily reports on Job Losses, the Union Finance Ministry has asked business chambers and industries to produce the exact number of job cuts to derive the correct picture of the economy. It has asked the industries to abstain from causing panic. “There are a number of reports that...
More »Civil society activists condemn the statement by Rural Development Minister in Parliament on discontinuation of MGNREGA scheme
-Press statement by NREGA Sangharsh Morcha dated 19 July, 2019 While it is heartening that a discussion on rural development lasted for nine hours in Parliament with important issues on MGNREGA being raised, we are deeply disappointed at the statement of the Rural Development Minister that not only displays a lack of understanding of the program but also betrays the clear anti-poor sentiment of this government. On the central issue of inadequate...
More »Economic Survey's Call for MGNREGA to Become 'Rural Distress Indicator' a Nod to Jobs Crisis?
-TheWire.in The survey also conferred a lot of credit on the Centre’s move in 2015 to implement direct benefit transfer and Aadhaar-linked payments when it comes to workers' wages. New Delhi: In tacit acceptance of the sudden surge in demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) following the demonetisation move of the government in 2016, the Economic Survey (released this July 4) has called for using...
More »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...
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