-Business Standard In the manufacturing sector, 89,000 jobs were created as compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year Job creation in the organised sector rose two-fold to 136,000 in July-September 2017 compared to the previous quarter, largely driven by an uptick in the manufacturing sector, latest official estimates showed. In comparison, job creation stood at 64,000 in April-June 2017...
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Job Creation in Organised Sector Dipped by 65% in April-June 2017 -Somesh Jha
-TheWire.in New Delhi: The pace of job creation in the organised sector fell sharply during April-June 2017 to a three-quarter low due to significant job losses in manufacturing, latest official estimates show. The number of new jobs created declined by around 65% to 64,000 in April-June 2017 from 185,000 in January-March 2017, according to the Labour Bureau’s quarterly report on employment. Job creation during April-June was even lower than the 77,000 reported...
More »Job and farm alert from Sangh outfits -JP Yadav
-The Telegraph New Delhi: Sangh parivar affiliates Swadeshi Jagran Manch and Bharatiya Kisan Sangh have urged the government to address joblessness and agrarian distress in the budget, sounding an alert before the 2019 general election campaign. The Manch, the Sangh's economic wing, has suggested the government shift focus and provide incentives to indigenous small-scale industries to generate more jobs. Farmer arm Bharatiya Kisan Sangh has advocated measures to make agricultural remunerative and demanded...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »A misleading story of job creation -Praveen Chakravarty & Jairam Ramesh
-The Hindu India does not create 55 lakh new jobs every year, as claimed by a new report A recent research report titled “Towards a Payroll Reporting in India” authored by the Group Chief Economic Adviser of the State Bank of India and a professor from the Indian Institute of Management, Bangalore has caught the media’s and the Prime Minister’s fancy. Ostensibly, the main objective of the report was to make a...
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