-Down to Earth A global report focuses on sustainable agricultural growth, increased wages and creation of off-farm jobs to bring about rapid rural development. The International Fund for Agricultural Development (IFAD) report says economic growth alone is not enough to eliminate rural poverty, particularly in the Asia and Pacific region. “The rapid economic growth in the region has come at a cost. Urbanisation has led to a wide income gap between rural and...
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India has lost 550 jobs a day in last 4 years: Study
-PTI Job creation in India successively slowing down; employment might shrink 7 million by 2050 As many as 550 jobs have disappeared every day in last four years and if this trend continues, employment would shrink by 7 million by 2050 in the country, a study has claimed. Farmers, petty retail vendors, contract labourers and construction workers are the most vulnerable sections facing never before livelihood threats in India today, the study by...
More »Joblessness at 5-year high, reveals survey -Subodh Varma
-The Times of India NEW DELHI: Joblessness in India is running at a five-year high of 5% of the 15-plus-years work force. Over a third of working people are employed for less than a year and 68% of households are earning up to only Rs 10,000 per month, according to a new employment-unemployment (EU) survey report conducted by the Labour Bureau. Over 7.8 lakh persons in 1.6 lakh households were surveyed across...
More »Joblessness rises to 5-year high -Somesh Jha
-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...
More »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...
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