-Livemint.com Four out of 10 youth who received vocational training are out of the labour force, and a significant chunk of those in the workforce remain unemployed Reiterating the government’s commitment to the 'Skill India' initiative in her maiden budget speech, India’s finance minister, Nirmala Sitharaman claimed that the government is enabling millions to take up industry-relevant skill training, boosting their job prospects. An analysis of the unit-level data from the Periodic Labour...
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Dial 'M' for Manufacturing -Santosh Mehrotra & J Parida
-The Hindu The recent PLFS data, which show a historic decline in manufacturing employment, make one fact plain — India desperately needs a comprehensive industrial policy, absent since 1991 The Union Budget suggests that the government has not recognised the need to create more manufacturing jobs. For the first time ever, manufacturing jobs fell in absolute terms between 2011-12 and 2017-18, to quote the Periodic Labour Force Survey (PLFS) of the National...
More »Demands for Grants, Finance Bill may escape scrutiny of Parliamentary panels -Shishir Sinha
-The Hindu Business Line Almost half of the budgetary exercise is over, but Parliament is yet to see formation of department-related standing committees (DRSC). This means Demands for Grants and the Finance Bill will not be vetted by DRSCs as of now. The Lok Sabha is scheduled to take up the Finance Bill for consideration and passage during the week starting July 15. There will also be discussions and voting on Demands...
More »Union Budget: At the bottom of the page lie Nirmala's deficit secrets -Devadeep Purohit
-The Telegraph Sitharaman spun a narrative, listed some intent but did little to give the economy a much-needed push The nation had swooned over Narendra Modi’s Mazboot Bharat narrative in April-May, giving the BJP a thumping victory in the Lok Sabha polls. The success of the saffron camp in spinning narratives was in full display on Friday when Nirmala Sitharaman rose to present the Union budget 2019-20 that the ruling dispensation in...
More »Homelessness highlights the inequality behind GDP growth numbers -Debarati Bhattacharya
-The Hindu Business Line To tackle homelessness, the government should provide better incentives to developers to provide affordable housing Food, clothing and shelter are three basic human needs. Out of the three, shelter remains beyond the reach of 1.77 million people in India, accounting for 0.15 per cent of the nation’s population (Census 2011). Rights groups, however, say that the actual figure is at least three times higher. Consequently, a large number...
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