-BusinessToday.in The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in the country India's unemployment rate rose to a three-year high of 8.48 per cent in October, up from 7.2 per cent in September, says the data released by the Centre for Monitoring Indian Economy (CMIE) on Friday. The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in...
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India needs a more informed debate, better policy design to address population growth -C Rangarajan & JK Satia
-The Indian Express The UN Population Division estimates that the medium fertility variant, the most likely scenario, will result in a peak population of 165 crore in the year 2061 and a decline thereafter. The mention of a population explosion by the prime minister in his Independence Day speech has rekindled debate on population growth and family planning. The responses have varied. Some have called for a law to limit family...
More »India's growth is in barely positive territory: US think tank
-PTI As against India's real growth rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook projected the country's growth rate at 6.1 per cent for 2019. WASHINGTON: India's growth is in barely positive territory, a top American think tank has said, noting that several key indicators are not just slowing down, but in absolute decline. In a study, two scholars from the Centre for Global Development (CGD)...
More »Employment falls first time -- by 9 million in 6 years: Study -Udit Misra
-The Indian Express The “total employment during 2011-12 and 2017-18 declined by 9 million”. Also,close to 2.6 million jobs were lost every year between 2011-12 and 2017-18. A NEW academic paper — written by Santosh Mehrotra and Jajati K Parida and published by the Centre of Sustainable Employment at the Azim Premji University on Thursday — has formally concluded that the total employment in India declined between 2011-12 and 2017-18. This is...
More »Towards true unnati, and ending MGNREGA
-Financial Express The government’s proposed Unnati scheme, if it works as planned, offers MGNREGA beneficiaries a ticket out of the programme, and, in the long run, out of poverty. It has been clear for a long time that MGNREGA is barely the poverty reduction tool it is often made out to be; at Rs 204 per day per person, the average wage rate across the country is too low to sustain a...
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