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PM Narendra Modi directs recruitment of 10 lakh people on mission mode in 1.5 years

-PTI/ The Telegraph The government's decision comes amid the opposition's frequent criticism of it on the issue of unemployment New Delhi: Prime Minister Narendra Modi has asked various government departments and ministries to undertake the recruitment of 10 lakh people on a "mission mode" in the next year and a half, his office said on Tuesday. The direction from Modi came following a review of the status of human resources in all government...

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Record Profits Boost Corporate Sector in Pandemic -Subodh Varma

-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...

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Is India Facing a Post-pandemic Employment Crisis? -Murali Krishnan

-Newsclick.in India's job market is tightening, and skilled workers are finding it harder to enter the workforce. Government job drives and the informal economy have been unable to make up the difference. Pramod Lal is a 23-year-old recent business graduate from northern India, who thought he had the credentials to be competitive in the job market. However, Lal's attempts to start a career have yet to succeed. "Education is no guarantee for a...

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2 Crore Women in India Quit Workforce in 2017-22

-Newsclick.in More than 50% of Indians of legal working age don’t want a job due to the lack of suitable employment: CMIE More than 50% of the 90 crore Indians of legal working age, particularly women, don’t want a job due to increasing frustration of not finding the right kind of employment. The shocking data was reported by the Centre for Monitoring Indian Economy (CMIE), a private research firm in Mumbai. Between 2017...

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Amrit Kaal: Crushed Under Joblessness and Low Wages -Subodh Varma

-Newsclick.in Work participation has steadily declined, unemployment is at 7% or more and median yearly income in 2020-21 was an abysmal Rs.1.7 lakh, as per CMIE. In the past five years, the economic slowdown, pandemic and its disastrous response and the Narendra Modi government’s indifference to the common people has led to a steadily worsening economic crisis. The government, perhaps buoyed by electoral successes, has given up on reviving the living condition...

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