The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
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The shape of the jobs crisis -Santosh Mehrotra
-The Hindu India has no industrial policy or employment strategy to ride the wave of its demographic dividend Job creation has slowed since 2011-12, the year of the last published National Sample Survey Office (NSSO) labour force survey. I used Labour Bureau annual survey (2015-16) data and Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE) data (post-2016), which has a sample size larger than the NSSO labour force surveys, to reach this...
More »Delhi govt plans to set up hostels for daily wagers -Atul Mathur
-The Times of India NEW DELHI: Thinking beyond “rain basera”, the ordinary shelters for the homeless, Delhi government is now working on a proposal to set up working men’s hostels. Though at a conceptual stage, the hostels would provide dedicated beds to the working class in a dormitory with the provision of a community kitchen and recreational activities at a monthly rent of up to Rs 1,000, said sources. The hostels would be...
More »AAP focuses on Purvanchali MIGrants in Lok Sabha campaign -Furquan Ameen
-The Telegraph Ads published by AAP about development work in unauthorised colonies, where MIGrant workers live, have started appearing in newspapers New Delhi: Delhi chief minister Arvind Kejriwal retweeted a video criticising Prime Minister Narendra Modi recently. The song in the video, a parody of a number from Dangal, mentioned that BJP workers beat up Purvanchalis in Delhi and Gujarat. It also alleged that the BJP got names of Purvanchali voters deleted...
More »India Does Have a Real Employment Crisis -- And it's Worsening -Santosh Mehrotra
-TheWire.in Manufacturing jobs actually fell in absolute terms from 58.9 million in 2011-12 to 48.3 million in 2015-16. Economists have been writing for some months that, contrary to the claims of the government, there is plenty of data available that shows unmistakably that unemployment is high and rising. Educated unemployment has worsened just as young people are getting better educated, and expect to work outside agriculture in industry and services. We have done this...
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