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Employment contracts by 2.4% in November: CMIE -Chitranjan Kumar

-BusinessToday.in On month-on-month basis, employment declined by 0.9 per cent or 3.5 million in November, as against 0.1 per cent or 0.6 million fall registered in October Employment in India contracted for the second consecutive month in November, raising questions on the recent optimism around recovery in job markets in the aftermath of COVID-19 pandemic. In November, the count of the employed fell by 0.9 per cent or 3.5 million, as against...

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Around 45.6 lakh households did not receive their MGNREGA job cards despite applying for it till November end this year

-Fourth MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 10th December, 2020 The latest tracker of the Peoples' Action for Employment Guarantee (PAEG) focuses on the state of implementation of MGNREGA in the country. Highlights of the Tracker: 1. 1.3 crore Job Cards issued this year. 2. 13 percent unmet demand. 97 lakh households have had their demand unmet at some point in the year. 3. While over 1 crore more Households...

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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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6,600 Farmers Die of Pesticide Poisoning Every Year in India: Study

-Newsclick.in The global study, published by BMC Public Health, revealed that about 44% of the worldwide farming population (total 860 million) are poisoned by pesticides every year. In a comprehensive study published on Monday, December 8, scientists estimated that about 385 million people, particularly among farmers and agriculture workers, are poisoned by pesticides every year including 11,000 deaths per year. Among the fatalities, nearly 60% or 6,600 deaths per year occur in...

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Plunging down -Prabhat Patnaik

-The Telegraph The Indian economy is in a quagmire Data released by the National Statistical Office, which show the gross domestic product for the second quarter (July-September) of 2020-21 declining by “only” 7.5 per cent compared to the second quarter of the previous year, have been hailed in official circles as “good news”; on the contrary, they show the economy being stuck in a quagmire. The first point to note is that while...

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