-Hindustan Times According to the Centre for Monitoring Indian economy, the number of the employed fell from 399.38 million in July to 397.78 million in August, with nearly 1.3 million job losses in rural India alone. Over 1.5 million people from both the formal and informal sectors lost their jobs in August, reversing some of the gains made in July, as the unemployment rate rose in rural and urban India. According to the...

-The Hindu Heads of industry do not share the optimism of the government and RBI, shows CII poll of CEOs. Indian industry does not seem to share the government and the Reserve Bank of India’s optimism about this year’s growth prospects, according to a poll of CEOs conducted by the Confederation of Indian Industry (CII). Nearly two-thirds of CEOs of large corporates polled by CII at its national council meeting earlier this month...

-Down to Earth Employment in agriculture has increased. Will it lead to shed the belief that agriculture will not be able to employ further? The latest data of the Centre for Monitoring Indian economy (CMIE), a non-government research agency, points out an interesting trend in employment in India. An increasing number of people are joining agriculture for employment in a shift from non-farm sectors like manufacturing and other informal jobs. The CMIE analysis...

-TheWire.in The ‘vikas’ train has begun to chug the wrong way, as it were. A worrisome aspect of the Indian economy is reflected in the share of employment in agriculture dramatically rising from 42.5% of the total employed in 2018-19 to 45.6% in 2019-20. This may signify an unusually large movement of labour from industry or services sectors to agriculture. The total number of persons employed in India varies between 400 million and...

-The Hindu It is time to formulate a wage employment-based national urban livelihood scheme similar to MGNREGS During the pandemic, we have again and again faced the difficult choice of saving lives versus protecting livelihoods. According to the World Economic Outlook report of April, 2021 of the International Monetary Fund (IMF), almost all countries, except China, experienced economic contraction last year. The global GDP shrunk by 3.3%. The contraction in the U.S.,...