-Livemint.com Value-addition per worker needs to rise sharply in several fields for the country to enhance prosperity and reduce inequality It is known that productivity is the key to economic prosperity. How do we raise the productivity of service workers? This is one of the biggest challenges that India faces which hasn’t yet received much attention. Why is this important? First, low and medium-productivity service sectors (services except real estate, business and professional...

-The Hindu The analysis is fraught with caveats and the interpretation of the survey results calls for caution Last week, the Ministry of Labour and Employment released the results of a new Quarterly Employment Survey (QES) for April-June 2021 for the organised (formal) sector. It represents establishments (or units) employing ten or more workers. The surveyed sectors were manufacturing, construction, trade, transport, education, health, accommodation and restaurant, Information Technology/Business Process Outsourcing (IT/BPO),...

-The Telegraph The latest unemployment rate is similar to the post-lockdown figure of 8.35 per cent recorded by the research firm around this time last year Nearly 19 lakh people lost jobs in August with the manufacturing sector the worst affected, according to the latest employment data released by a private research firm. The Centre for Monitoring Indian Economy (CMIE) figures show that the unemployment rate had climbed to 8.32 per cent in...

-Down to Earth Employment in agriculture has increased. Will it lead to shed the belief that agriculture will not be able to employ further? The latest data of the Centre for Monitoring Indian Economy (CMIE), a non-government research agency, points out an interesting trend in employment in India. An increasing number of people are joining agriculture for employment in a shift from non-farm sectors like manufacturing and other informal jobs. The CMIE analysis...

-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...