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2020 – How the Modi Govt Led India into Record Joblessness -Subodh Varma

-Newsclick.in Unemployment has inched up to over 9% as the year ends and the so-called economic recovery is a mirage. For Indians, 2020 will go down in history as the worst year for livelihoods and incomes. Unemployment levels rose to record highs, incomes plummeted to record lows and such was the scale of deprivation that thousands of families teetered on the brink of starvation. Tragically, this was not just the pandemic. It...

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The pandemic will leave India with worse inequality -Rahul Jacob

-Livemint.com A failure to protect incomes could widen the gap between have-nots and haves and thus hurt growth When the facts change, I change my mind," John Maynard Keynes is believed to have said almost a century ago. Responding to the economic after-shocks of the covid pandemic, governments and central banks have been living by this maxim. In the UK and US, supposedly fiscally conservative governments have spent with abandon to prop...

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The need for ‘maximum government’ -Rohit Azad

-The Hindu The current crisis has provided us with an opportunity to rethink our health, economic and climate policies In the new set of relief measures announced by the Finance Minister, job creation has moved to the forefront. This shows that the government has finally accepted that the Unemployment Rates are very high, a fact it has so far been suppressing or dismissing. This is a welcome change given its usual ostrich-like...

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Unemployment scheme: Govt says claims through affidavit form no longer required -J Jagannath

-Livemint.com * Govt eases claim criteria for Atal Beemit Vyakti Kalyan Yojana, says claim can be submitted online along with scanned copies * However, if the documents are not uploaded at the time of online filing of the claim, claimant will submit the printout of the claim duly signed along with the required documents In order to simplify the process of claim, government on Sunday said claims through affidavit form are no longer...

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Bihar Elections: Why Jobs Have Become the Key Issue -Subodh Varma

-Newsclick.in Double digit jobless rate, crashing women’s employment and absolute fall in number of employed have left people in th state devastated – and furious. Unemployment, it is often said, is death by a thousand cuts. It pushes families into hunger, snatches away children’s education, prevents medical care, and propels people into debt. And, if you are already poor and disadvantaged and living on the edge, unemployment is like a death sentence. A...

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