Labour Minister Harish Rawat says the government is confident of creating 58 million additional jobs by the end of the 11th Five Year Plan in 2012 thanks to the smart recovery in the farm sector and its resultant impact on the rural economy. "Agriculture has responded very positively. With economy poised to grow at nine percent in this fiscal year, we will be able to meet the target," Rawat told...
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The growing jobs challenge
The Labour Bureau recently released its first report on employment in the country. Till now, job estimates have usually been available in the employment-unemployment surveys of the National Sample Survey Organisation (NSSO). The most recent of these is the 64th round (2007-08), preliminary results of which were reported in this column on 20 July. The 64th round estimates were disappointing, with annual employment growth during 2004-05 and 2007-08 at 0.8...
More »Labour shortage in the fields drives farmers to tractors by Shally Seth
Pawan Goenka noticed something unusual last year—tractor sales were climbing even though India had its worst monsoon in more than three decades and farm output dropped 2.8% in the three months to December last fiscal. The umbilical cord that tied rainfall patterns and tractor sales seemed to have been ruptured. The president of auto and tractor maker Mahindra and Mahindra Ltd offers an interesting explanation to this puzzle: growing labour shortages...
More »Highs and lows of job market by Sumi Sukanya
The state government has made a positive gesture by deciding to recruit doctors to fill up vacancies at government hospitals. But doctors are not willing to reciprocate. The government has decided to fill up 3,613 vacancies by March 2011 but only 1,200 doctors have applied for the posts in government hospitals across the state, said a source. Officials of Bihar Health Services Association (BHSA) — the organisation that represents doctors in...
More »Punjab's business clusters to create 5 lakh jobs
In a bid to ensure inclusive growth and increase employment opportunities, the Associated Chambers of Commerce and Industry of India (Assocham) will develop 15 business clusters in different parts of Punjab, an official said on Sunday. "Currently, 20 such clusters are operational in Punjab which are providing employment to lakhs of people here," Assocham secretary general D.S. Rawat said here. "These proposed clusters will be established at a budget of around Rs.500...
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