-The Telegraph Demand for work under the MGNREGA was at its highest in the 2018-19 fiscal The job crisis has deepened and become more commonplace during the last five years, according to officials familiar with employment data. Consider this: Demand for work under the national job scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), was at its highest in the 2018-19 fiscal. Started in 2006 to provide a fallback employment source to...
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Where India's jobs mess is most acute
-The Economic Times India had a joblessness rate of 6.1% in 2017-18, a huge jump over the 2.2% registered in 2011-12, a report says. After the NSSO data leak episode which revealed a 45-year jobs low for India that the government had a hard time countering, here comes another significant set of findings from the same source. More than a third of India's states - 11 states to be precise - had unemployment...
More »The self-employment conundrum -Arindam Gupta
-The Telegraph Funding small entrepreneurs will require more bank loans, preferably collateral-free, which will generate more NPAs The government has been compelling banks to adopt a softer lending policy to promote self-employment. The Pradhan Mantri Mudra Yojana, launched in 2015, provides collateral-free loans to small entrepreneurs outside the farming sector in three categories: Rs 50,000 loan in the ‘Shishu’, Rs 5,00,000 in the ‘Kishore’ and Rs 10,00,000 in the ‘Tarun’ segments respectively....
More »Jobs or doles: which is the way forward? -Mahendra Dev & Pronab Sen
-The Hindu Governments can provide direct cash transfers while creating conditions for employment With the Congress promising through the Nyuntam Aay Yojana (NYAY) scheme ?6,000 every month to the poorest 20% of households if voted to power, Mahendra Dev and Pronab Sen talk of the importance and problems of direct cash transfers. Providing social protection is important even as governments try to create conditions for income-generating activities, they say in a discussion...
More »Proposal for job guarantee scheme in small towns -Priscilla Jebaraj
-The Hindu The proposal, a version of which has been previously presented to the Congress and to a foundation working with other Opposition parties, has been released in a policy paper titled ‘Strengthening towns through sustainable employment’. With rising unemployment becoming a major poll issue, and several political parties proposing solutions for it in their election manifestos, a group of labour researchers have proposed a national urban job guarantee programme for small...
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