-Newsclick.in Unemployment among youth is raging at a staggering 26 per cent to 55 per cent in the three BJP ruled states going to polls in the coming weeks. High and pervasive Joblessness among youth of age group 20-29 years is severely denting the re-election prospects of BJP in Chhattisgarh, Madhya Pradesh and Rajasthan. According to data from CMIE’s Statistical Profile for May-August 2018, unemployment rate was 26 per cent in...
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Not enough jobs, private investments missing: What's wrong with the world's fastest growing economy? -Dinesh Unnikrishnan
-Firstpost.com A report from rating agency CARE, released early this week, revealed that India's employment scenario is not looking good. It said job growth in corporate India moderated to 3.8 percent in fiscal year 2018, from 4.2 percent in the previous fiscal and the problem is most severe with smaller companies. The report, based on an analysis of over 1,600 corporates, said smaller companies with net sales of less than Rs...
More »Being highly educated doesn't guarantee you jobs in India anymore -Priyamvada Grover
-ThePrint.in Study by Azim Premji University finds that graduates currently make up over one-third of India’s unemployed population. New Delhi: Graduates and postgraduates are the least likely to find jobs in the country as compared to those without any degrees, according to a study released by the Azim Premji University’s Centre for Sustainable Employment. The study, which states that unemployment among young and highly educated Indians is the highest in 20 years, has...
More »'Need for an employment policy to solve Jobless growth'
-The Hindu Study: divergence between growth and jobs has risen With higher growth rates not having translated into more jobs and increases in productivity failing to spur a commensurate rise in wages, the government ought to formulate a National Employment Policy that takes these trends into account, the State of Working India 2018, a new study released by Azim Premji University’s Centre for Sustainable Employment, recommends. Confirming the spectre of Jobless growth, the...
More »Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
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