-The India Forum There has been an increase in economic inequality in India over the past few decades, with the rich-poor gaps among the largest of several peer economies. Household surveys show that alongside the slowdown of growth in recent years, there appears to have been some decrease in inequality. 1. Introduction Popular discussions on inequality in India receive periodic attention with the annual publication of reports by the World Inequalities Database (WID),...
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Recognising the ‘compulsory’ woman worker -Brinda Karat
-The Hindu There is an urgent need for widespread surveys of poor rural women and how they spend their time The Centre for Monitoring Indian Economy (CMIE) reported that the labour participation rate of rural women was 9.92% in March 2022 compared to 67.24% for men. This is a cause for concern. According to CMIE, millions who left the labour market stopped looking for employment “possibly [because they were] too disappointed with...
More »Record Profits Boost Corporate Sector in Pandemic -Subodh Varma
-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...
More »Wrong to infer that half of working age population dropped out of labour force: Government
-The Hindu Labour Ministry says a substantial portion of the said population is either pursuing education or engaged in unpaid activities Responding to a recent report of the Centre for Monitoring Indian Economy (CMIE), the Union Labour and Employment Ministry on Tuesday said it was “factually incorrect” to infer that half the working age population had dropped out of the labour force as a large proportion was pursuing education or engaged in...
More »2 Crore Women in India Quit Workforce in 2017-22
-Newsclick.in More than 50% of Indians of legal working age don’t want a job due to the lack of suitable employment: CMIE More than 50% of the 90 crore Indians of legal working age, particularly women, don’t want a job due to increasing frustration of not finding the right kind of employment. The shocking data was reported by the Centre for Monitoring Indian Economy (CMIE), a private research firm in Mumbai. Between 2017...
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