-The Times of India While the economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force. Seen in this context, the government is facing a growing employment...
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Nothing to cheer about in Indian job market
-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...
More »Farmer suicides in India: myths versus realities -Roshan Kishore
-Livemint.com Farmers commit suicides less often than non-farmers but they are more likely to commit suicides because of economic distress compared to others With an ongoing petition in the Supreme Court on farmer suicides , and a growing clamour for farm loan waivers across several states of the country, the debate on farm suicides in India seems to be heating up once again. Several commentators and researchers have claimed for long that farmers...
More »A year after drought, Latur makes comeback as major foodgrain market -Abhiram Ghadyalpatil
-Livemint.com Last year’s abundant rains in drought-prone Marathwada region, of which Latur is a part, have helped farmers produce record amount of pulses Mumbai: Latur is back on its feet and its pulse mills are running again, a year after an acute drought. The dry bed of the Manjra river, the water train from Sangli and the once ubiquitous water tankers have become things of the past. Last year’s abundant rains in Marathwada—a...
More »New IIP series shows severe impact of demonetisation on manufacturing sector -Manas Chakravarty
-Livemint.com In the December-March of 2016-17 period, manufacturing growth was the lowest compared with the same period in the past five years, shows new IIP series The new Index of Industrial Production (IIP) series, with the base revised to 2011-12, tells us that, in the period December-March of 2016-17, manufacturing growth was the lowest compared with the same period in the past five years. This is very likely a result of the...
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