-The Indian Express Opposition members said it has no roadmap and does not address the serious issues of agrarian crisis and unemployment. TARGETING THE Union Budget in the Lok Sabha on Tuesday, Opposition members said it has no roadmap and does not address the serious issues of agrarian crisis and unemployment. The ruling BJP members countered that the Budget has “everything to take the country to a $5 trillion economy in...
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More of the dismal same -Prabhat Patnaik
-The Indian Express The budget needed to break new ground, provide a thrust to a slowing economy. This budget lacks innovation. Economics has never been a strong point of the NDA government. Its only two major economic forays, demonetisation and the GST, have both turned out to be pretty disastrous. It was futile, therefore, to expect much from the Union Budget for 2019-20. Even so, one is surprised by the budget’s...
More »India's workforce has fewer women than it did six years ago -Janaki Shibu and Rosa Abraham
-Scroll.in/ India Spend Women earn between Rs 70 and Rs 80 for every Rs 100 that men earn. India’s workforce has fewer women than it did six years ago: no more than 18% in rural areas are employed, compared to 25% in 2011-’12 and 14% in urban areas from 15% in 2011-’12. However, in urban areas, the percentage of women in salaried jobs has increased from 35.6% in 2004 to 52.1% in...
More »Unemployment Rate among Christian men highest: Govt -Amrita Madhukalya
-Hindustan Times Minority affairs minister Mukhtar Abbas Naqvi presented the data in the Lok Sabha in reply to a question posed by Trinamool Congress member Prasun Banerjee The rate of unemployment among Christian men in rural as well as urban areas is higher than those from other religions across the country, the Centre informed Parliament on Thursday. Minority affairs minister Mukhtar Abbas Naqvi presented the data in the Lok Sabha in reply to...
More »Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of Unemployment Rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
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