-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...

-Hindustan Times An examination of RBI data indicates that peasants turning to construction are increasingly at the same income levels as farming, in probably more challenging conditions. Shifting agricultural workers to remunerative non-farm jobs, is India’s central challenge on the employment front. The construction sector has been a mainstay of non-farm jobs over the last two decades. However, these jobs are increasingly losing their remunerative potential. The KLEM (Capital with a K, Labour,...

-Hindustan Times Non-farm jobs was positive despite negative jobs Growth in 2014-15 and 2015-16 The KLEM database released by RBI on 27 March, 2018 gives employment statistics for the Indian economy till 2015-16. It shows that total employment shrank by 0.2% and 0.1% in India in 2014-15 and 2015-16. These statistics raise disturbing questions. India’s Gross Value Added (GVA) Growth increased continuously between 2012-13 and 2015-16. Why did employment Growth go into negative...

-Livemint.com Use of population figures from 2011 census instead of 1971 census for sharing tax revenue among states triggers opposition from South India New Delhi: A political storm is brewing in South India over what is normally a largely unnoticed bureaucratic exercise undertaken once in five years to determine how India distributes its pooled tax revenues among its many states. Several chief ministers and opposition leaders of southern states have expressed vehement opposition...

-The Indian Express Highly-placed sources in the state government said, “The crop diversification model is region- wise taking into account the soil health and climate conditions that will evolve in a time-bound manner.” Mumbai: The Maharashtra government has decided to push a crop diversification model to create a better mechanism for demand and supply and higher renumeration for small and marginal farmers across state. The decision has come at a time of...