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Shock-proofing the economy: Quality jobs the best possible safety net -TN Ninan

-Business Standard Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, writes T N Ninan Crises in the Indian economy used to be the “normal”. In the 12 years from 1962 to 1974, India fought three wars, suffered four droughts that produced famine in places like Bihar, and lived through the first oil shock, which saw a quadrupling of crude oil prices. The...

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Are jobs really being created? -Madan Sabnavis

-The Hindu Business Line While data from CMIE and EPFO present a contrasting picture, jobs in the unorganised sector continue to be difficult to assess Employment data in India have always been controversial as the concept per se is quite nebulous. While corporate data on employment is foolproof as the headcount is known and revealed in annual reports, the same cannot be said about the non-corporate sector. Often, data on employment exchanges...

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Latest available PLFS data sheds light on unpaid helpers in self-employment & underemployment among various types of workers

Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...

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Providing horizontal quota: the Bihar way -Aditi Priya and Tejas Harad

-The Hindu The case for reservations for women and transgender persons in State jobs and higher education The Bihar government recently announced 33% horizontal reservation for women in State engineering and medical colleges. While reservation for Scheduled Castes (SCs), Scheduled Tribes (STs), Other Backward Classes (OBCs) and Economically Weaker Sections (EWS) is referred to as vertical reservation, horizontal reservation refers to the equal opportunity provided to other categories of beneficiaries, such as...

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In Wake Of Covid-19, India’s Unfolding Pandemic Of Hunger -Dipa Sinha

-Article-14.com As the Supreme Court orders community kitchens for the poor and ration cards made usable anywhere in India by 31 July 2021, that still excludes more than 100 million without ration cards. As hunger rises, and nutrition schemes to women and children are disrupted, we explore what can be done. New Delhi: The Covid-19 pandemic shrank India’s economy by -7.3% in 2020-21, an estimated 66% of those interviewed in one survey...

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