-TheWire.in Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) responds to the NITI Aayog vice-chairman’s dismissal of CMIE’s research on unemployment in India. In an interview with Karan Thapar for The Wire, NITI Aayog’s vice chairman, Rajiv Kumar, has been dismissive about CMIE-BSE unemployment statistics. He says that I had no answer to chief statistician T.C.A. Anant’s question on seasonal adjustment of unemployment data. This is an incorrect description of...

-TheWire.in The traders have incurred a loss of over Rs 5000 crore in the last 22 days, while 15 lakh labourers have lost their jobs due to the shutdown. Surat: On July 8, Surat, the economic capital of Gujarat, witnessed an unprecedented protest against the new tax regime, the Goods and Service Tax (GST). Texile traders swarmed a three-km stretch on the Ring Road, which holds city’s main textile market, on a...

-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter growth in gross value added (GVA) in 2016-17 declining to 5.6%...

-The Telegraph New Delhi: Rahul Gandhi today accused the government of creating a grim employment situation through its lack of vision and commitment, reaffirming the Congress's persistent charge of jobless growth in the country over the past few years. "Sad to see our youth let down by this government's lack of vision. Between promises and performance lies capability and commitment," Rahul tweeted, referring to recent news reports about an employment crisis and...

-TheWire.in After the government cancelled certain cesses that were meant for labourers’ welfare in preparation for the GST, activists suspect that many such moves may be around the corner. Assaults on the hard-earned rights of several categories of workers have been on the rise in recent times, evidenced by the cancellation of cesses meant to be utilised for workers’ social security. If left unchecked, such changes can lead to much bigger losses...