-The Hindu There is obfuscation over both the existence of a jobs crisis and the diagnosis of it It is well established that India is staring at a massive jobs crisis. Every single survey points to jobs as the biggest issue concerning voters, especially the youth. Yet, the Prime Minister and the government steadfastly refuse to even acknowledge this issue, let alone address it. India’s jobs crisis is an economic issue, not a...
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Rural distress deepens: Wage growth dips, non-farm jobs hit -Harish Damodaran
-The Indian Express The last five years, in other words, have seen a slowdown in rural wages even after adjusting for inflation, which has been far lower than during the UPA regime. Rural wages have grown 3.8 per cent year-on-year in December, the lowest ever for this month. Together with depressed farm prices — annual wholesale inflation in December was minus 0.07 per cent for “food” and 4.45 per cent for...
More »Slowing Economy, Rising Joblessness -Subodh Varma
-Newsclick.in New GDP numbers show the deep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quarter (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year...
More »The solution is universal -Rajendran Narayanan & Debmalya Nandy
-The Hindu Strengthening the MGNREGA would be more prudent than a targeted cash transfer plan like PM-KISAN Rural distress has hit unprecedented levels. According to news reports, unemployment is the highest in 45 years. To allay some misgivings of the distress, one of the announcements in the Budget speech was that “vulnerable landholding farmer families, having cultivable land up to 2 hectares, will be provided direct income support at the rate of...
More »MGNREGA workers in Jharkhand demand increase in wages and number of days of guaranteed work
-Press release by NREGA Watch (Jharkhand) dated 2nd February, 2019 Thousands of NREGA workers across Jharkhand spilled to the streets today to express their anger at the continued denial of their entitlements. In over 30 blocks of the state, workers raised their voice against the abysmal wage rate, acute shortage of work, increasing delays in payment of wages, and violation of several other rights. They also demanded work and submitted grievances...
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