-The Hindu Business Line The maximum crop damage was reported from Western Madhya Pradesh, which received 61 per cent surplus rains. Excess monsoon rains and the floods caused by them affected crops in many States, including Madhya Pradesh, Maharashtra, Gujarat, Karnataka and Punjab, according to a kharif crop damage report released by private weather forecaster Skymet on Tuesday. While 40 to 50 per cent of soyabean crop has been hit in Madhya...
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Civil society group welcomes failure to sign RCEP; calls it 'bad deal for democracy' -Joe C Mathew
-Business Today RCEP trade deal: The group said that the Indian govt should not agree to the RCEP even in future as it will be a 'bad deal for democracy, for farmers, workers, will subvert our sovereign laws and compromise India's industrialisation potential'. Forum for Trade Justice, a pan-civil society network has welcomed the failure of the 16 negotiating countries to reach a consensus over the conclusion of the world's largest free...
More »Jobless rate surges as factories slump
-The Telegraph Highest unemployment rate since August 2016 Mumbai: The gloom and doom scenario in India’s Economy darkened a little more on Friday after an independent database company threw up an alarming statistic: the unemployment rate in October had surged to 8.48 per cent — the highest since August 2016. The Centre for Monitoring Indian Economy (CMIE) — a respected private researcher — said the unemployment rate in urban India was 8.89 per...
More »India's unemployment rate rises to 3-year high of 8.5% in October: CMIE
-BusinessToday.in The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in the country India's unemployment rate rose to a three-year high of 8.48 per cent in October, up from 7.2 per cent in September, says the data released by the Centre for Monitoring Indian Economy (CMIE) on Friday. The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in...
More »Employment falls first time -- by 9 million in 6 years: Study -Udit Misra
-The Indian Express The “total employment during 2011-12 and 2017-18 declined by 9 million”. Also,close to 2.6 million jobs were lost every year between 2011-12 and 2017-18. A NEW academic paper — written by Santosh Mehrotra and Jajati K Parida and published by the Centre of Sustainable Employment at the Azim Premji University on Thursday — has formally concluded that the total employment in India declined between 2011-12 and 2017-18. This is...
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