-Deccan Chronicle The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest. New Delhi: The Modi government may have to get battle ready soon for cleaning up the Mudra loan mess that has added to the concerns of the banking system. The plan to create “job creators and not Job Seekers” by disbursing massive credit to micro and small...
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What Young India wants: 'Sarkari Naukri' -Sanjay Kumar & Pranav Gupta
-Livemint.com Preference for government jobs is highest among college-educated rural youth, a segment seen at the forefront of recent agitations for quotas, shows analysis In one of the largest such exercises ever conducted in the world, millions of applicants are appearing this month for an online recruitment test conducted by the Indian Railways. The Railways Recruitment Board (RRB) has received more than 24 million applications for roughly 120,000 vacancies in the organization. Most...
More »Nitin Gadkari's googly on jobs may be ominous for Narendra Modi govt; state of drift may be a political hot potato -Madhavan Narayanan
-Firstpost.com Was that a bouncer to the political opposition or was that a googly to Prime Minister Narendra Modi from an esteemed colleague in the cabinet? Trying to decipher Road Transport Minister Nitin Gadkari's latest jibe at caste-based quota seekers in government jobs amid protests by Marathas in his home state of Maharashtra is as tricky as discussing the current valuations of Sensex stocks or whether Cheteshwar Pujara would have helped India...
More »Rural Distress: 9 Crore Applied For MGNREGS Work Last Year -Subodh Varma
-Newsclick.in Shrinking farm incomes, frozen wages and lack of jobs is driving people to work in the scheme for a pittance. Nearly 9 crore Indians applied for work in the rural jobs guarantee scheme (MGNREGS) in 2017-18, according to data put out by the ministry of rural development. That’s a staggering 42% of the rural work force. Of those who applied for work, some 1.4 crore persons (or about 15%) were turned...
More »Absolute Decline In Jobs, Says New CDS Study, Drop Sharpest In Last Three Years
-Outlook According to the Labour Bureau’s Employment Unemployment Surveys, total employment in the country shrank by about 0.4 per cent annually between 2013-14 and 2015-16, a number which corresponds to 37.4 lakh people being unemployed. There has been an absolute decline in employment – number of people with jobs – between 2013-14 and 2015-16, possibly for the first time since independence, a new study published in the EPW journal says. Three...
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