-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...
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India’s ‘salaried class’ shrank during COVID, Muslims hit hardest, govt data suggests -Nikhil Rampal
-ThePrint.in India’s salaried class shrank by 2.7 percentage points during pandemic, govt’s Periodic Labour Force Survey (PLFS) shows. But data for religious minorities, women is even bleaker. New Delhi: There’s much to lament in India’s post-COVID job market, where recovery has been painfully slow. However, government data suggests that when it comes to the salaried sector, the participation of religious minorities — Muslims, Sikhs, and Christians, in that order — has been...
More »Youth employment deteriorated in India: ILO report -AM Jigeesh
-The Hindu ‘COVID-19 has hurt young people more than any other age group’ India experienced severe working-hour and employment losses in 2020 and 2021, and Indian youth employment deteriorated in 2021 compared to 2020, according to the Global Employment Trends for Youth 2022 report released by the International Labour Organisation on Thursday. The recovery in youth employment is still lagging globally, the report says confirming that COVID-19 has hurt young people more...
More »Macrovariable projections in uncertain times -Arun Kumar
-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...
More »Learning machines -Sukanta Chaudhuri
-The Telegraph Edutech is the white flour and refined sugar of learning The economic downturn caused by COVID-19 was the making of one class of business: the edutech industry. The closedown of schools created a need to teach students remotely. The electronic mode was the only possible means. But the way it was adopted prompts deep misgivings. I am actively involved with computer applications in teaching and research. The promise held out by...
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