-TheWire.in A claim of an 8.4% real GDP growth rate has little relevance even as rural India battles plummeting wage levels, depleted incomes and widespread unemployment. With the release of the GDP figures for the quarter ending September, the government machinery has been in full swing advancing the narrative that economic growth is indeed back on track. However, sorely missing from these narratives is the inconvenient factoid on the currently dismal state of...

-Firstpost.com Shah visited the Amul Dairy premises and then held a meeting with senior officials of the GCMMF, the state government and the leaders of the cooperative sector leaders Anand: Union Home and Cooperation Minister Amit Shah on Sunday said the cooperative sector has a potential to turn India into a $5 trillion economy and will also prove crucial in making the agriculture sector self-reliant. He also stressed the need to implement...

-The Hindu The Quarterly Employment Survey for the April-June quarter throws up some perplexing numbers The Labour Bureau released the results of the All-India Quarterly Establishment-based Employment Survey (QES) for the first quarter (FQ) of 2021 (April to June). The survey covers establishments employing 10 or more workers in the organised segment in nine sectors (manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPO, and financial service activities). These sectors account...

-The Hindu The analysis is fraught with caveats and the interpretation of the survey results calls for caution Last week, the Ministry of Labour and Employment released the results of a new Quarterly Employment Survey (QES) for April-June 2021 for the organised (formal) sector. It represents establishments (or units) employing ten or more workers. The surveyed sectors were manufacturing, construction, trade, transport, education, health, accommodation and restaurant, Information Technology/Business Process Outsourcing (IT/BPO),...

The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...