-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...
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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...
More »There's a hole in the data -Kiran Bhatty & Dipa Sinha
-The Indian Express The state has failed to create capacities for a timely, reliable, decentralised data regime. The credibility of India’s data systems is under serious threat with the recent controversy over the employment data of the National Sample Survey. While the Census of India and the National Sample Survey Organisation (NSSO) have a good reputation, when it comes to data related to the social sector — health, education, nutrition —...
More »No Correct System of Collecting Job Data, Says PM After Report Showed 45-Year Unemployment High
-News18.com Citing data from provident fund and National Pension System (NPS), Income Tax filings and sale of vehicles among others, the Prime Minister said crores of jobs had been created in the last four and half year. New Delhi: Facing criticism over lack of job creation by his government, Prime Minister Narendra Modi on Friday rejected allegations of rising unemployment and said crores of new jobs have been created in formal...
More »Sociologist Dipankar Gupta interviewed by Poornima Joshi (The Hindu Business Line)
-The Hindu Business Line Sociologist Dipankar Gupta discusses the dynamics of political mobilisation and the politics of reservation. Excerpts from an interview to Poornima Joshi: * The Indian state’s failure to provide the basics — universal education and healthcare — has never become the rallying point for political mobilisation. Why is that? The more cleavages of class, caste, language, race a society has, the more difficult it is to practise democracy. Democracy works...
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