-The Hindu Rising unemployment must also be seen as a function of rising education and aspirations The report from the Periodic Labour Force Survey (PLFS) is finally out, garnering a lot of attention based on selective reading of tables and spurring partisan debates. In particular, the staggering increase in the unemployment rate, from 1.7% in 2011-12 to 5.8% in 2017-18 for rural men and from 3.0% to 7.1% for urban men, has...
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Over 4 Crore Are Jobless Now, Much More Than Earlier -Subodh Varma
-Newsclick.in Unemployment is estimated at 9.35% in 2019 by CMIE, far worse than the PLFS/NSSO estimate of 6.1% for 2017-18. Finally, the government has released the suppressed report on unemployment, now that elections are done and dusted with. Meanwhile, joblessness has worsened dramatically with an estimated 4.17 crore people unemployed, according to another recent report of the CMIE (Centre for Monitoring Indian Economy), based on a similar sample survey. The government had directed...
More »Make up for lost time -Puja Mehra
-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...
More »Govt. to offer extra subsidised foodgrain -Dipak K Dash & Sidhartha
-The Times of India NEW DELHI: The government is set to offer additional foodgrains at subsidised rates to offload massive stocks piled up in granaries due to a liberal support price regime and also add a kilo of sugar to the monthly ration for beneficiaries under the National Food Security Act (NFSA). Over the next few days, the Union Cabinet is expected to decide on providing additional 2 kg grains to every...
More »It's now official: Joblessness rises with education level -Surojit Gupta
-The Times of India NEW DELHI: Only 2.1% of illiterate urban men were unemployed in 2017-18, but 9.2% of men with at least secondary education didn’t have a job. The gap was even wider among urban women — 0.8% of those uneducated were jobless whereas 20% women with secondary or higher education were not employed. The Periodic Labour Force Survey (PLFS) released by the National Statistic Office (NSO) on Friday shows the...
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