-The Financial Express An RBI-backed research by KLEMS India shows that the employment in 27 sectors fell by 0.2% and 0.1%, respectively in the years 2014 and 2015. For a long time, there is a contention that India’s impressive growth story has been devoid of a similar expansion in jobs, with the proponents, on the other hand, calling the theory a hoax. In absence of comprehensive jobs data, India’s actual employment story...
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Formal employment rises but less no. of regular jobs created in 2nd quarter of '17-18
The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...
More »Forget job growth, employment in India actually fell between 2014 and 2016 -Manas Chakravarty
-Livemint.com Data from the latest KLEMS India Database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India Database, a research project supported by the Reserve Bank of...
More »Is higher economic growth eating up jobs in India? -Roshan Kishore
-Hindustan Times Non-farm jobs was positive despite negative jobs growth in 2014-15 and 2015-16 The KLEM Database released by RBI on 27 March, 2018 gives employment statistics for the Indian economy till 2015-16. It shows that total employment shrank by 0.2% and 0.1% in India in 2014-15 and 2015-16. These statistics raise disturbing questions. India’s Gross Value Added (GVA) growth increased continuously between 2012-13 and 2015-16. Why did employment growth go into negative...
More »Construction sector jobs have let down peasants -Roshan Kishore
-Hindustan Times An examination of RBI data indicates that peasants turning to construction are increasingly at the same income levels as farming, in probably more challenging conditions. Shifting agricultural workers to remunerative non-farm jobs, is India’s central challenge on the employment front. The construction sector has been a mainstay of non-farm jobs over the last two decades. However, these jobs are increasingly losing their remunerative potential. The KLEM (Capital with a K, Labour,...
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