Employment data indicates that India's recent growth has been largely jobless, the government must adjust its policies and promote job creation. Every five years, India's statistical system releases the results of a large scale sample survey that generates comprehensive data about consumer expenditure, employment conditions and much else. The results of the most recent survey conducted from July 2009 to June 2010 have just been released, and they have created shock...
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Latest employment trends from the NSSO by CP Chandrasekhar and Jayati Ghosh
The results of the latest NSSO large survey on employment and unemployment provide crucial evidence on the pattern of inadequate job creation in this phase of high economic growth. This edition of MacroScan provides an initial analysis of the results. No sooner were the results of the 66th Round of the National Sample Survey Organisation (relating to data collected in 2009-10) released, than they became the subject of great controversy. Surprisingly,...
More »Robust farm growth to help tame inflation by Zia Haq
Just over a year since it was crippled by a drought, India’s agriculture sector is firing on all cylinders again, a much-needed turnaround that could keep overall growth high and make fighting inflation easier. The country looks set to reap its second-highest harvest of foodgrains in 2010-11, which includes an estimated 81.47 million tonnes of wheat alone, agriculture minister Sharad Pawar said on Wednesday. Apart from cereals, record output in pulses...
More »India's silent epidemic by Ananthapriya Subramanian
Thousands of children and women die every year in India due to lack of access to basic healthcare. Why is it that, in the Mecca of medical tourism, the poor continue to be denied the right to health? A national television channel had a 30-minute special recently on how private hospitals are denying free medical treatment to poor patients. Under a quota, private hospitals are expected to provide medical treatment...
More »Strong agri output to support GDP growth by Surojit Gupta
The country’s economic growth is expected to remain strong despite sluggishness in the manufacturing sector as a rebound in agricultural output is expected to support overall growth. Growth in the key farm sector, which accounts for nearly 17% of the nation’s GDP, has been a concern for policymakers for the past few quarters. But, healthy monsoon has raised expectations of strong farm output during July-September 2010. In addition, the arrival of...
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