-Scroll.in The RBI had first flagged serious lapses in the bank’s governance in 2018. The Centre invested Rs 250 crore with private lender Yes Bank in the financial year 2019-’20 even though the Reserve Bank of India had deemed the bank as risky in 2018, shows the financial statement of the Prime Minister’s National Relief Fund. The investment in Yes Bank Fixed Deposit Receipts was made even as Finance Minister Nirmala Sitharaman last...
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How India’s news media became an elaborate PR machine: It’s the economy, stupid -Aunindyo Chakravarty
-Newslaundry.com The boom of the 2000s met the inevitable decline of 2008, followed by a political atmosphere that was hostile to independent journalism. What caused India’s news media to become an elaborate PR machine for the government and corporates? It’s the economy, stupid. Let me unpack this a bit by comparing two numbers from the Centre for Monitoring Indian Economy’s monthly employment data. Five years ago, in September 2016, there were about 10.3...
More »Almost 78 per cent jobs lost in media and publishing industry in 5 years: CMIE survey
-National Herald The media and publishing industry employed over 10.3 lakh people across India in September 2016 and now in August 2021, it employs 2.3 lakh only, according to a survey by the CMIE At least 78% of those working in the media and publishing industry have lost their jobs, according to a survey by the Centre for Monitoring Indian Economy (CMIE). The media and publishing industry employed over 10.3 lakh people...
More »Making Sense of India’s Measures of Unemployment -Rahul Menon
-TheIndiaForum.in The co-existence of seasonal and regular employment has posed a challenge over the decades for accurately measuring unemployment in India. An explainer and a discussion in the light of the puzzling results of the 2019-20 Periodic Labour Force Survey. The Periodic Labour Force Survey (PLFS) of 2019–20 has revealed a significant fall in in the unemployment rate, to 4.8% from 6.1% in 2017–18, according to what is called the Usual Status....
More »19 lakh manufacturing jobs lost in August: CMIE
-The Telegraph The latest unemployment rate is similar to the post-lockdown figure of 8.35 per cent recorded by the research firm around this time last year Nearly 19 lakh people lost jobs in August with the manufacturing sector the worst affected, according to the latest employment data released by a private research firm. The Centre for Monitoring Indian Economy (CMIE) figures show that the unemployment rate had climbed to 8.32 per cent in...
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