-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...
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Union Budget 2022: The Concerns and Numbers Don’t Square Up -Arun Kumar
-TheWire.in Much was expected from the Union Budget 2022 which has come at a time when the Indian economy is facing an economic turmoil due to the coronavirus pandemic and battling widespread unemployment and inflation. High hopes were pinned on this year’s budget as the country saw young people protesting for Railway jobs, farmers protesting for the government to address their loss of incomes, micro-sector producers as they faced closures and PSU...
More »Budget 2022: Lowest sections of our society who suffered most are not yet part of recovery story -Ashwini Kulkarni
-The Free Press Journal Today’s budget speech of the Finance Minister was more about Government’s intentions, intentions for a long term horizon like 25 years and little on this years’ specific plans. There is an oft-spoken phrase – where there is a will there's a way. If the policies of a Government is its Will then the Budget is meant to give the Way by providing the means with funds. Today’s budget...
More »Number Theory: Protests over railway jobs are a grim reminder of the state of India’s job market -Abhishek Jha and Roshan Kishore
-Hindustan Times The protests over problems with recruitment for railway jobs in the states of Bihar and Uttar Pradesh, may well be India’s first large-scale unemployment riots The protests over problems with recruitment for railway jobs in the states of Bihar and Uttar Pradesh, may well be India’s first large-scale unemployment riots. The protests have taken place across a large number of places in these two states. News reports suggest that at...
More »Global unemployment projected to stand at 207 million in 2022: ILO -Susan Chacko
-Down to Earth The COVID-19 pandemic prevented a full and balanced recovery of labour markets in 2021 Global unemployment is projected to stand at 207 million in 2022. This is 21 million more than in 2019 before the novel coronavirus disease (COVID-19) pandemic began, according to the ILO World Employment and Social Outlook – Trends 2022. Global working hours in 2022 will be almost two per cent below their pre-pandemic level — that...
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