-FirstPost.com New Delhi: Job creation has been suffering under the Modi Government and fresh data released by the Labour Bureau shows the extent of worry on this count. So, even as the country’s GDP growth continues to be healthy and predictions of above-average rainfall this year bring some cheer, the bad news on the jobs’ front needs the government’s immediate focus. A jobless growth does not help anyone. As per the...
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The jobs debate-Pramit Bhattacharya
-Live Mint What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...
More »'Jobless growth' during UPA-1, admits Centre -Rajeev Deshpande
-The Times of India Some 20 months after hotly contesting data on UPA-1's "jobless growth", the government has admitted to lack of substantial increase in employment between 2004-05 and 2009-2010, with the self-employed workforce shrinking from 56.4% to 50.7% of the total workforce. In absolute numbers, the self-employed decreased from 258.4 million to 232.7 million in this period while regular salaried workers rose from 69.7 million to 75.1 million. The ranks of...
More »CITU to campaign for slashed weekly work hours -P Sudhakaran
-The Times of India KANNUR: The CITU will next month launch a nationwide campaign, demanding the working hours in private sector companies be slashed to 35 hours from the present 48 hours a week. The campaign is to create more job opportunities. "One of our major discussions at the all-India conference of the CITU that concluded in Kannur on Monday was on the rising number of unemployed youth despite an increase in...
More »Indian real wages fell in 2008-11: ILO report-PR Sanjai, Remya Nair and Anuja
-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...
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