-The Hindu Greater data availability, especially on labour markets, needed to better gauge social impact of such policies The World Bank has said the social impact of demonetisation may have been greater as the informal economy was likely to have been hit especially hard. However, the Bank said the impact of demonetisation on the informal economy was difficult to measure and greater data availability, especially on labour markets, is needed to...
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Job creation in high-growth India should be a top priority -Harsh Mander
-Hindustan Times There are almost no jobs available in India’s high-growth economy. Job creation has plummeted to levels even below those of preceding UPA governments. Of the one million new people who join the workforce every month, only 0.01% of new workers added to the work force actually found work. For millions of young voters Prime Minister Modi’s most alluring election promise in 2014 was that his government would create ten million...
More »Job insecurity gives way to India's 1st IT workers union in Tamil Nadu -Vinita Govindarajan
-Scroll.in/ Business Standard Previous attempts to organise 2.8 million employees of the country's IT sector have failed In 2008, as Tamil Nadu erupted in angry protests against the killings of Sri Lankan Tamils during that country’s civil war, a group of young software professionals in Chennai’s Tidel Park banded together to form a human chain. “Stop the War, Save Tamils” was their demand – a slogan that featured on posters, T-shirts and...
More »No jobs? Let them eat... -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
More »India Exclusion Report 2016 paints a bleak picture of jobs, equality, agriculture
-MoneyControl.com Even as the Indian economy grew, the inequality between the rich and the poor too has widened with drastic fall in jobs and increase in number of landless farmers, the India Exclusion Report 2016 says. Even as the Indian economy grew, the inequality between the rich and the poor, too, has widened with a drastic fall in jobs and increase in number of landless farmers, says the India Exclusion Report...
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