-The Telegraph Survey by Indian School of Business in Jharkhand reveals mass deletion of genuine job cards during linkage India’s economy is going through an unprecedented crisis of unemployment. In these times, the Mahatma Gandhi National Rural Employment Guarantee Programme and other welfare programmes are beacons of hope for India’s large rural population. However, the delivery of welfare has traditionally suffered from leakages. Thus, in 2015-16, the Government of India started linking...

-The Telegraph The Centre for Monitoring Indian Economy has estimated the loss of 21 million salaried jobs between April and August, weeks after suggesting that 18.9 million salaried jobs were lost between April and July The Centre has said it does not accept survey data provided by “non-government agencies”, the assertion coming at a time independent agencies have reported enormous job losses in the country while the government has sat tight on...

-IndiaToday.in NSUI, AISA and other student organisations held demonstrations to pull attention towards unemployment on the occassion of Prime Minister Narendra Modi's 70th birthday. Ranchi: NSUI and AISA along with other student organisations celebrated Prime Minister Narendra Modi's 70th birthday in a way so as to pull the country's attention towards the issue of unemployment. The NSUI alleges that the unemployment menace has not only afflicted pain to youngsters but has also shattered...

-The Indian Express What is needed is ample income support for households and firms now so that the recovery is not hamstrung by excessively damaged balance sheets Even a cursory reading of Brazil’s recent history will confirm that the adoption of the all-encompassing cap on government spending in late 2016 was critical in rescuing the economy from the crisis of 2014-16. After riding the commodity boom of the 2000s, economic mismanagement and a...

-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...