-Livemint.com In India, 9 million people left farming between 2001 and 2011 largely due to distress, not because industry invited them, says Shyam Khadka, India’s representative at the FAO Shyam Khadka, India’s representative at the Food and Agriculture Organization (FAO) of the United Nations, says more Indians are moving out of agriculture due to distress and not because the manufacturing sector is inviting them. In an interview, Khadka calls for converting food...
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From 'Job-less' to 'Job-loss' Economy: What is PM Modi Doing -Savera
-Newsclick.in The falling work participation rate shows that the economy is in deep crisis. Various other economic indicators show this as well. In a stark and chilling confirmation of what the whole country has known for some time, a govt. report shows that Indian workforce (those actually working) declined from about 54% of the working age population in 2011-12 to 51% in 2015-16. While the working age population increased by 2.9% per...
More »Six steps to job creation -Santosh Mehrotra
-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...
More »Yogendra Yadav, national president of the Swaraj India party, interviewed by Manas Roshan (Scroll.in)
-Scroll.in The Swaraj India leader says the economy needs a big boost in the rural areas and for small scale manufacturers. In July, Yogendra Yadav, the national president of the Swaraj India party, embarked on a nationwide movement accompanied by activists and hundreds of farmers. Under the banner of the All India Kisan Sangharsh Co-ordination Committee, a coalition of more than 150 farmer unions across the country, the yatra was planned...
More »Small firms flounder post demonetisation, on GST: RBI study
-The Indian Express The RBI which studied the results of 2,726 non-government and non-financial companies said the overall EBIDTA of these corporate showed a 0.2 per cent increase. However, net profit declined by 6.9 per cent even as sales improved by 7.2 per cent. Mumbai: Small companies are finding the going tough with sales and profits taking a big beating in the wake of demonetisation and implementation of Goods and Services Tax (GST)....
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