-Business Standard In the manufacturing sector, 89,000 jobs were created as compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year Job creation in the organised sector rose two-fold to 136,000 in July-September 2017 compared to the previous quarter, largely driven by an uptick in the manufacturing sector, latest official estimates showed. In comparison, job creation stood at 64,000 in April-June 2017...
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Formal employment rises but less no. of regular jobs created in 2nd quarter of '17-18
The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...
More »Forget job growth, employment in India actually fell between 2014 and 2016 -Manas Chakravarty
-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...
More »'He Sold 50 Kg Of Brinjals For Rs 75 And Returned Home With Rs 5': Condition Of Maharashtra Farmers
-Outlook The downward trend in vegetable prices continues owing to consistent rise in supply. On March 6, more than 35,000 farmers trekked 180 km over six days from Nashik to Mumbai under the banner of the Akhil Bhartiya Kisan Sabha (AIKS) of the CPI(M) with a slew of demands, including right to forest land and a complete loan waiver. The next day, a farmer took 50 kg of brinjals to Ahmednagar ‘mandi’ in...
More »GDP numbers have brought cheer, but Indian economy needs a more even path to growth -Radhika Pandey, Amey Sapre and Pramod Sinha
-ThePrint.in Growing CAD, weak bank deposit growth, and fiscal deficit surpassing estimates cause for worry. The Central Statistics Office (CSO) recently released the Second Advance Estimates (2nd AE) for 2017-18, and the 3rd quarter GDP growth figures for October-December 2017. The new numbers have added some cheer to the disappointing state of affairs in the economy. The aggregate gross domestic product (GDP) registered a healthy growth of 7.2 per cent, while the gross...
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