-Newsclick.in Unemployment among youth is raging at a staggering 26 per cent to 55 per cent in the three BJP ruled states going to polls in the coming weeks. High and pervasive joblessness among youth of age group 20-29 years is severely denting the re-election prospects of BJP in Chhattisgarh, Madhya Pradesh and Rajasthan. According to data from CMIE’s Statistical Profile for May-August 2018, unemployment rate was 26 per cent in...
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India's wealthy barely pay taxes -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org India is often mistakenly seen as a country with relatively low economic inequality. In fact, there were always very significant economic inequalities in India, which intersected with social and locational inequalities in complex ways. More significantly, the country’s inequalities widened after the internal and external economic liberalization measures from the early 1990s, which attracted global financial investors and boosted economic growth considerably. The estimates of low inequality are usually based on...
More »CMIE's Mahesh Vyas says 3.5 million jobs lost due to demonetisation
-The Indian Express The impact on the labour force was even much more significant. While the job losses could have been at least 3.5 million, the reduction in the labour force was to the tune of 15 million. New Delhi: Demonetisation may have caused job losses of at least 3.5 million and the damaging impact on labour force was even starker, Centre for Monitoring Indian Economy (CMIE) chief executive Mahesh Vyas said...
More »Why clubbing employment and work in India is misleading -Jayati Ghosh
-Hindustan Times This lack of distinction explains the decline in women’s workforce participation rates. The decline reflects a shift from paid to unpaid work. New Delhi: One of the difficulties with discussions on employment in India is the tendency to conflate employment and work. But employment is only that part of work that is remunerated, and in India a vast amount of work is actually unpaid and often not even socially recognised....
More »Why the NSSO Employment Surveys Shouldn't Have Been Done Away With -Sona Mitra
-TheWire.in The new periodic labour force surveys, while welcome, will create a situation where there would be no data system to compare the present with the past. In a recent interview, Prime Minister Narendra Modi apparently said, “more than a lack of jobs, the issue is a lack of data on jobs”. For those of us who have been using the National Sample Survey Organisation (NSSO) data on employment and unemployment for...
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