-The Hindu India’s labour participation rate, very low by world standards, fell sharply after demonetisation. Women bore the brunt Monthly measurement of the unemployment rate is one of the requirements of the Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF). The SDDS — India was one of the early signatories —was established in 1996 to help countries access the international capital markets by providing adequate economic and financial information...
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No Correct System of Collecting Job Data, Says PM After Report Showed 45-Year Unemployment High
-News18.com Citing data from provident fund and National Pension System (NPS), Income Tax filings and sale of vehicles among others, the Prime Minister said crores of jobs had been created in the last four and half year. New Delhi: Facing criticism over lack of job creation by his government, Prime Minister Narendra Modi on Friday rejected allegations of rising unemployment and said crores of new jobs have been created in formal...
More »Governing India's many spaces -Pulapre Balakrishnan
-The Hindu Ill fares the land where wealth accumulates, and the social and natural environment suffer As the general elections approach, it would be politic to take stock of the progress made by the incumbent party and look out for the areas that call for particular attention by the one that gains power. Without anticipating complete agreement on the indicators that ought to be used, I look at the changes since 2014...
More »Dharavi Small Units on the Brink of Disaster -Amey Tirodkar
-The Hindu Known as world's largest slum, Dharavi has another less known but more important identity. It is one of the most industrious localities in Mumbai, with small units of leather, garment, plastic and even bakery shops. Post-demonetisation, this huge production house is facing acute financial stress. Rahul Ingale, 32, is depressed. Sitting in his shop in Shastri Nagar of Dharavi, Mumbai, Ingale, who deals in the leather market, is facing a...
More »RBI raises limit for collateral-free agri loans to Rs.1.6 lakh from Rs.1 lakh
-The Hindu Business Line In the wake of the government announcing direct income support of ?6,000 per year for small and marginal farmers in the interim Budget on February 1, the Reserve Bank of India, on Thursday, raised the limit for collateral-free agriculture loans to Rs.1.6 lakh from Rs.1 lakh. The central bank said the increased limit will enhance coverage of small and marginal farmers in the formal credit system. The circular...
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