When India embarked on its “unique ID” project in the fall of 2010, pledging to distribute unique 12-digit numbers to 1.2 billion people, the hope was that hundreds of millions of Indians who don’t have a passport, driver’s license or other credible identity document would get one – and with it, a ticket to essential government and private sector services. A new survey led by Arun Sundararajan, a professor at New...
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It's Official: India's growth is jobless
The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...
More »ILO warns of new global jobs crisis, says 50 million jobs lost during crisis still missing
-IANS The International Labour Organisation (ILO) Monday warned of the emergence of a global jobs crisis, noting that around 50 million jobs that were lost during the financial crisis are still missing today. Despite signs that economic growth has resumed in some regions, the global employment situation is alarming and shows no sign of recovery in the near future, the ILO said in a report entitled "World of Work Report 2012: Better...
More »Inflation takes away ‘feel good factor’, one-third Indians suffering: Survey-Sidhartha
High inflation and moderate economic growth seem to have taken away the "feel good" factor for many Indians. Gallup's Financial Wellbeing Index, released on Monday, showed that 31% of Indians rated their present and future lives as "suffering" compared to 24% in 2011. Similarly, only around 13% said that they are "thriving" compared to 21% a year ago. The biggest jump in the "suffering lot" is in the middle 20% population, where...
More »India facing shortage of statisticians, govt tells parliamentary committee
-The Economic Times One in four posts of government statisticians are lying vacant, the government has told a parliamentary committee. The news comes amidst repeated criticism by analysts of the quality of official government data in recent months. The Ministry of Statistics and Programme Implementation has told the parliament standing committee on finance that there are about 26% vacancies in the Indian statistical Services and Subordinate Statistical Service. According to the report...
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