-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
More »SEARCH RESULT
Six steps to job creation -Santosh Mehrotra
-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...
More »In search of a job -Muthukumar K & Seetharaman R
-The Hindu Business Line Prime Minister Narendra Modi promised one crore jobs during the 2014 elections. At the present rate of job creation, this will take 30 years. Muthukumar K and Seetharaman R report on the employment crisis Raj Abraham (name changed on request), a first-year student at a leading management institute in Chennai, is a bit anxious these days. Ask him how his seniors are faring in campus placement and the...
More »'Without khadi, I am not there' -Rahul M
-RuralIndiaOnline.org Despite the slow decline of the renowned handlooms of Dharmavaram in Andhra Pradesh, Shankara Dhanunjaya tried to work hard and prosper. But in 2016, at the age of 35, debts, crumbling dreams and crushing policy changes drove him to suicide All the handloom halls Into mortuary rooms Being metamorphosed That inexplicable sorrow! (From ‘Maggam bathuku’ an epic poem by Dr. U. Radheya, who is from a family of weavers; translated by Dr. P. Ramesh Narayana) In...
More »Unemployment has risen sharply among SCs & STs in last 6 years
Amidst concerns over budgetary cuts in social sector spending, a recent statement from Shri Rao Inderjit Singh, Minister of State for Planning reveals that unemployment rate has risen much sharper among the Scheduled Castes (SCs) and Scheduled Tribes (STs) vis-à-vis the overall population. Replying to a starred question by Shri PL Punia regarding Human Development Index (HDI) of SCs and STs, the Minister of State for Planning said on 6 February,...
More »