-The Hindu Female unemployment rose to 8.7% in 2015-16 from 7.7% a year earlier Jobless economic growth continues to haunt India's youth, with the country’s unemployment rate rising to a five-year high of five per cent in 2015-16, according to the latest annual household survey on employment conducted by Labour Bureau. India’s economy grew 7.1 per cent in the first quarter of 2015-16, slowing from 7.9 per cent a year earlier. The country’s...
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Trade unions to boycott BRICS Labour Ministers meet tomorrow
-PTI Unions claimed that the government has not formally invited them to the summit, but has appointed BMS to coordinate with them for the event New Delhi: The 2-day BRICS (Brazil, Russia, India, China and South Africa) Labour and Employment Ministerial meeting will commence in New Delhi on Tuesday but the Central Trade Unions (CTUs) have decided to boycott the event. The meeting will deliberate on issues including job creation and social security...
More »Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, speaks to Outlook
-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
More »Fruits of development still elusive in Kalahandi 30,000 people migrate -Ratan K Pani
-The New Indian Express BHAWANIPATNA: More than 60 per cent of cultivable land lies infertile in Kalahandi district. Rain has been playing hide and seek year after year pushing small and marginal farmers to the brink. On the irrigation front too, Indravati project has failed to provide succour. Nearly 63 per cent of the district’s population lives below the poverty line. A rough estimate reveals that 30,000 people from 10,000 families migrate...
More »Why has inflation moderated in India? -Sajjid Z Chinoy
-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...
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