-Outlook Social security enrolment of workers is not a good measure of how many new jobs are created Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions...
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New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data
A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
More »Real rural wage growth back in negative territory
-Livemint.com Rural workers’ real wage rate growth was very high in 2014, but has fallen dramatically since then Rural wage growth for men for both agricultural and non-agricultural occupations (simple average) was 3.53% in March from a year ago. But consumer price inflation for rural India was 4.44% in March. That means the real rural wage growth, or wage growth after taking inflation into account, was negative during the month. In other...
More »The signal and the noise in India's jobs data -Tadit Kundu, Udayan Rathore and Pramit Bhattacharya
-Livemint.com The new subscribers to EPFO likely represent formalization of a section of the regular workforce rather than new additions to it New Delhi: Ahead of the 2019 Lok Sabha elections, the jobs debate in India has heated up once again. Spokespersons of the National Democratic Alliance (NDA) claim the Indian economy has created an unprecedented number of jobs over the past couple of years. The opposition as well as some independent...
More »Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)
-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...
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