-The Telegraph Seasonal sowing, MGNREGA boost prospects The grim employment scenario in urban India got aggravated while the rural sector showed some improvement in the last week of May, with researchers attributing the uptick in the villages to seasonal sowing activities and increase in work under the MGNREGA while calling the overall condition critical. Data released by private research group Centre for Monitoring Indian Economy (CMIE) show that the Unemployment rate for the...
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Govt's Short-term Measures Will Fail To Reduce Precarity Of Migrant Workers -Apoorva Gupta and Balwant Singh Mehta
-Outlook India The short-term measures by the government to ensure the immediate safety, food and shelter for the migrants will fail to suffice in the long run as they do nothing to tackle the underlying causes that contribute to the systemic discrimination and deprivation of the migrants. The spread of novel Coronavirus has created its own spectrum of distress and turmoil for individuals across social groups around the world, but more for...
More »One in every four in rural India unemployed, urban joblessness at 1-month low -Prashant K Nanda
-Livemint.com * Rural Unemployment rate has been growing for the last couple of weeks despite rural economy opening up gradually * Economists believe despite the opening up of the economy, it will take time for unemployment situation to come back to the pre-covid time NEW DELHI: India’s rural Unemployment rate climbed to 25.09% in the week ended 24 May from 22.79% in the previous week, while urban Unemployment rate declined by over four...
More »The Covid-19 Pandemic and Indian Agriculture: A Note -R Ramakumar
-Foundation for Agrarian Studies blog The world is sliding rapidly towards a recession. The Covid-19 pandemic will shut down large parts of the world economy for at least a few months more. IMF managing director Kristalina Georgieva stated on March 23, 2020 that the outlook for global growth in 2020 was “negative.” Recovery, if any, is expected only in 2021. According to the International Labour Organisation (ILO), the rise in unemployment...
More »Left slams PM on steps to counter COVID-19 outbreak
-The Hindu ‘PM failed to outline concrete steps on COVID-19’ The Left parties slammed Prime Minister Narendra Modi’s address to the nation on the COVID-19 saying that the PM failed to outline any concrete measures to contain it and its economic fallout. The CPI(M) has made 11 demands, including cash transfer of ₹5,000 to Jan Dhan accounts and all BPL (Below Poverty Line) beneficiaries to temporarily tide over the crisis. The party also...
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